Yesterday, BTC experienced a slight increase, the 4-hour trend has shown some recovery, but it still needs to continue consolidating. The daily level shows a low divergence, but the extent is not large and still requires adjustment. The weekly trend remains healthy, with a focus on fundamental information, particularly the Federal Reserve's interest rate cut process. The intraday expectation is to maintain consolidation, while the longer cycle sees the start of a new round of upward movement on the weekly chart.
The second pancake follows the first pancake with a slight increase, the 4-hour trend remains healthy, a bottom divergence signal has been observed, and a rebound is expected to start. The daily level remains healthy, pay attention to changes in descending momentum, and a slight pullback is anticipated before continuing to rise.
Altcoins are being organized in sync with the mainstream, the altcoin index remains neutral, market sentiment is still low, pay attention to BTC's market share situation, fiat buy signals, determine altcoin launch signals, ETH-related tokens are greatly influenced by ETH, PENDLE can continue to be held, recent activities have been frequent, Alpha point activities are ongoing, points can be brushed, and one can take advantage of the situation.
Today's Highlights:
BTC is back to a healthy range at the 1-hour and 4-hour levels, while it is below the healthy range at the daily level. The expectation for the day is to maintain consolidation, with support at 109000-110000 and resistance at 112000-113000.
ETH is back in a healthy range on the 1-hour and 4-hour levels, and back in a healthy range on the daily level. The expectation for intraday is a slight increase, with support at 4250-4350 and resistance at 4500-4600 #非农就业数据来袭##今日你看涨还是看跌？# .
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BTCKITS
· 09-04 09:32
If we see rate cuts in September which altcoins will go parabolic?
BTC and ETH Market Analysis on September 4th:
Market Review
Yesterday, BTC experienced a slight increase, the 4-hour trend has shown some recovery, but it still needs to continue consolidating. The daily level shows a low divergence, but the extent is not large and still requires adjustment. The weekly trend remains healthy, with a focus on fundamental information, particularly the Federal Reserve's interest rate cut process. The intraday expectation is to maintain consolidation, while the longer cycle sees the start of a new round of upward movement on the weekly chart.
The second pancake follows the first pancake with a slight increase, the 4-hour trend remains healthy, a bottom divergence signal has been observed, and a rebound is expected to start. The daily level remains healthy, pay attention to changes in descending momentum, and a slight pullback is anticipated before continuing to rise.
Altcoins are being organized in sync with the mainstream, the altcoin index remains neutral, market sentiment is still low, pay attention to BTC's market share situation, fiat buy signals, determine altcoin launch signals, ETH-related tokens are greatly influenced by ETH, PENDLE can continue to be held, recent activities have been frequent, Alpha point activities are ongoing, points can be brushed, and one can take advantage of the situation.
Today's Highlights:
BTC is back to a healthy range at the 1-hour and 4-hour levels, while it is below the healthy range at the daily level. The expectation for the day is to maintain consolidation, with support at 109000-110000 and resistance at 112000-113000.
ETH is back in a healthy range on the 1-hour and 4-hour levels, and back in a healthy range on the daily level. The expectation for intraday is a slight increase, with support at 4250-4350 and resistance at 4500-4600 #非农就业数据来袭# #今日你看涨还是看跌？# .