9.8 Monday morning Bitcoin Ethereum market analysis and trading suggestions

Don't be afraid of slow progress; even if you only advance by 1% each day, over time you will surpass 99% of those who are standing still. Time will provide the most concrete answers for those who persist. The market conditions in the early morning show a clear narrow fluctuation trend, with a very limited range of volatility.
From the current market analysis, the overall trend shows a pattern of consolidation. On the daily chart, the price has been consistently suppressed by the middle band, with multiple attempts to break through that have failed, indicating strong resistance above. The 4-hour chart more clearly exhibits this consolidation pattern. The price fluctuates repeatedly around the middle band of the Bollinger Bands, with the amplitude of fluctuations gradually narrowing. From a technical standpoint, the current price is forming a symmetrical triangle consolidation pattern, with a key focus on the support area created by the previous lows; if it breaks down effectively, it may trigger a new round of decline. The key resistance level above should focus on the pressure area of the daily middle band and the previous highs, and the bearish outlook should be maintained for the morning.
Bitcoin: short positions can be taken around 111500-112000, with a short-term target of 110000
Ethereum: Short position can be opened around 4330-4250, short-term target 4220
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