9.4 Morning Bitcoin Strategy Analysis

The daily line continues to hover below the middle band, but this does not hinder the maintenance of the overall upward trend. The previous two attempts to test the 111500 level failed to break down, instead showing a certain degree of rebound due to support from below. Currently, the pullback lacks continuity; in the short term, the market shows a pattern of continuous rise. Overall, the market is in a stage of capital absorption after a second pressure drop.
The 4-hour chart is currently consolidating and accumulating strength with support from the middle-lower track after a pullback adjustment. Structurally, it still maintains short-term support as an extension of the bottom rebound, and there has been no rapid rise and fall. From the hourly chart analysis, the short-term market will continue to rebound upwards, further rising after yesterday's consolidation. Combining this with the past trends at the beginning of the week, there are no signs of a rapid rise and fall, indicating that the short-term market is poised for action, 📈 it's just a matter of time.
BTC recommendation: around 111500, target 113000
ETH recommendation: around 4400, target 4500
Act according to the trend, always stay rational, defend well, and never blindly resist! Wish you all the best, seize every wave of market conditions, we have always been moving forward together! #Gate上线Ondo专区现货交易 #九月份加密市场能否突破 #今日你看涨还是看跌？ #BTC #ETH