Analysis and trading suggestions for Bitcoin and Ethereum market on Thursday, September 11th


Life may make you bow your head temporarily, but don't forget, when you lift your head, the light in your eyes is brighter than any difficulty. Market Review: Today's market shows a fluctuating upward trend. In the morning, Ethereum stabilized and rebounded from a low of 110855, then maintained a pattern of fluctuating ascent, ultimately facing resistance and falling near the high point of 114287. Ethereum's daytime performance was relatively stable, remaining in a narrow range of fluctuations, but suddenly broke out in the evening, reaching a high of 4453. In the morning, a bullish outlook was clearly given, with long positions arranged at 111000, successfully exiting at 112500, gaining 1500 points. For Ethereum, we decisively built long positions at the 4293 level, finally closing at 4380, earning a space of 87 points.
From the current market trend analysis, the 4-hour K-line has formed a clear support platform in the mid-track area, accompanied by effective volume expansion, indicating a robust upward price trend. During the pullback process, the market has not shown significant retracement actions, with each brief adjustment being supported by strong buying power, demonstrating the bulls' strong control capability. It is recommended to adopt a buy-on-dip strategy in the operational approach.
Bitcoin: Buy around 113500, short-term target 115000
Ethereum: Buy around 4350, short-term target 4480
#GUSD双重收益 #DOGE ETF上市 #我最看好的AI代币
BTC1,55%
ETH0,95%
GUSD-0,04%
DOGE3,42%
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