9.14 Sunday early morning Bitcoin Ethereum market analysis and trading suggestions

Even if you move slowly and steadily for the time being, it is better than standing still and feeling anxious. All the silent persistence is quietly paving the way for your future. The intraday market is showing a volatile downward trend. Bitcoin faced pressure and retreated after reaching a high of 116245, first pulling back to 115594 where it found support and rebounded, but the bullish momentum is insufficient, only rising to 116126 before being blocked again, with the current lowest dipping to 115032. Ethereum's performance is similar, experiencing continuous pressure after a brief surge to 4768, showing a volatile downward trend, with the intraday low hitting the 4606 line. This morning, a bearish outlook was clearly given, and the market movement has unfolded as expected.
From the current technical pattern of the market, the 4-hour K-line has consecutively closed with 5 bearish candles. After the price reached the significant level of 115000, there were signs of a brief stabilization. This level is not only an important support level for the mid-band of the Bollinger Bands but also a key psychological price point. In terms of trading volume, there has been a gradual increase during the price decline, but a noticeable decrease in volume was observed when testing the 115000 support, indicating a certain level of market hesitation at this position. If this support level can be effectively maintained during the night session, it may trigger a short-term short-covering rally; conversely, if it falls below effectively, the area of 114500-114200 will become the next target for bears.
Bitcoin: Buy around 115000-114500, short-term target 116500
Ethereum: Buy around 4600-4580, short-term target 4720
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