September 12 morning Bitcoin Ethereum market analysis and trading strategy

From the four-hour level, the coin price has been steadily rising, closely following the upper Bollinger Band. This morning, it even showed three consecutive bullish candles, continuing to push upward, indicating a strong bullish pattern has formed. The slight stagnation in the short-term market is not a signal of trend reversal, but rather a consolidation of bullish strength, accumulating energy for further upward movement. Overall, the upward trend remains intact, and the market does not have a one-sided trend of only rising without falling; a brief adjustment is a healthy sign of trend continuation.

The daily chart shows a continuous rise, forming a bullish trend. Recently, the price broke through the previous high of 4456 and stabilized around 4528, exhibiting a strong upward attack pattern. The hourly chart has shown a long bullish candle followed by a gradual consolidation, with the high of 4538 not being effectively broken, which may face pressure in the short term. Before last night's interest rate cut, the last CPI data did not break the level. In our trading strategy, we can continue to maintain a low long position.

Bitcoin: Buy at 115000-114800, target: 116500-117000

Ethereum: Buy at 4500-4480, Target: 4550-4580
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