Yueying: 9.16 Bitcoin Ethereum today's market analysis, can ETH's maximum pump of 4500 hold? Latest insights.

I am Zhou Yueying, and let's see today's sharing!

Bitcoin Technical Analysis————

The long position at 114,500 on Bitcoin has generated around 1,400 dollars of space. Looking at the daily chart, it continues to maintain high volatility, temporarily supported by the 7-day moving average and the 60-day moving average. The Bollinger Bands are slightly opening, with the short-term moving averages continuing to trend upwards. The MACD fast and slow lines have crossed upwards, breaking through the zero axis, while the volume bars are reducing, and after the KDJ turns down, the three lines are flattening out. On the four-hour chart, the market is oscillating within the Bollinger Band range, testing the lower band before rebounding towards the upper band. The Bollinger Bands have narrowed and flattened, with the short-term moving averages running around the middle band, indicating that the market has entered a pivotal point for a trend change. The MACD shows a high position dead cross extending downwards with signs of a turn, while the volume bars are reducing again, and the KDJ crosses upwards. The VR indicator is consolidating around the 90 value. Overall, the market is in a state of volatility at high levels, caught in a tug-of-war between bulls and bears. This is the calm before the storm, perhaps the market is waiting for the interest rate meeting in the early hours of the 18th. In the short term, continue to pay attention to the resistance near the previous highs. If broken, then watch the resistance below 118,500, with support continuing to focus on above 114,000, and then around 11,300, looking at short-term trends.

Short-term Bitcoin: Long at 114800 (long at 113600), Short at 116300 (short at 117700) (strategy activated, manage space yourself)

ETH Technical Analysis————

The ETH long strategy mentioned above has not made much progress, and is currently fluctuating around 4500. The daily chart shows three consecutive bearish candles, and the price is oscillating below the seven-day moving average. The Bollinger Bands are narrowing and flattening, and there are signs of contraction in the four-hour Bollinger Bands. Currently, it is being suppressed by the seven-day moving average. If it breaks through, pay attention to the resistance around the middle band, followed by the previous high. Support continues to be focused around 4480. If this support is broken, then the focus should shift to the support above 4350, looking at the short term.

ETH short-term: 4490 long (4388 long), 4583 short (4670 short) (strategy activation has room for self-control)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! See you next time. #美联储降息预期升温