Thoughts on BTC and ETH for the evening of the 9.4.



Xiao Zhuge's evening view remains firm: BTC bears are dominant, and shorting is unshaken! From the 4-hour level, the price has struggled to rise and quickly retreated below the middle band of the Bollinger Bands, with the technical indicators completely leaning towards bearish. The MACD bearish momentum continues to be released, with the bears controlling the market. The short-term trend is likely to oscillate and consume between the middle and lower bands of the Bollinger Bands. If the bears continue to exert pressure, it is possible that the price could directly test the support of the lower band of the Bollinger Bands, or even break down further!

personal suggestion
BTC: Enter the market at 111500-112000, add positions at 112500, target down to 110500-119500, if it breaks, look at 108000!
ETH: Enter positions between 4450-4470, add positions at 4500, target down to 4350-4220! If it breaks, look at 4100!
BTC-0.31%
ETH-0.35%
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GodOfBearishTradersvip
· 09-04 11:25
Hold on tight, we are about to To da moon 🛫
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