The early morning BTC is blocked by the key resistance at 112500, with strong selling pressure and no breakthrough, leading to exhaustion of bullish momentum and a weakening of short-term sentiment. The 1-hour Bollinger Bands are narrowing, signaling a potential top, while the 4-hour consecutive bearish candles indicate a dominant bearish trend; the 6-hour double bottom structure supports the bulls, and a breakthrough of the downward trendline would target 113500, otherwise, it will continue to decline.
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Thursday BTC and ETH analysis and operations.
The early morning BTC is blocked by the key resistance at 112500, with strong selling pressure and no breakthrough, leading to exhaustion of bullish momentum and a weakening of short-term sentiment. The 1-hour Bollinger Bands are narrowing, signaling a potential top, while the 4-hour consecutive bearish candles indicate a dominant bearish trend; the 6-hour double bottom structure supports the bulls, and a breakthrough of the downward trendline would target 113500, otherwise, it will continue to decline.
BTC: Short from 112300 to 113300, target 110000.
ETH: 4480-4530 short, target 4400-4330. #BTC# #ETH# #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？#