9.16 Tuesday morning Bitcoin Ethereum market analysis and trading suggestions

Every day is a new beginning. Instead of complaining about the past, it's better to focus on the present and take action to create the life you want. In the early morning, the market shows a narrow fluctuation pattern. Bitcoin peaked at 115527 before facing resistance and retreating. Similarly, Ether encountered resistance after climbing to 4528. Both have failed to break through key resistance levels, with bulls and bears engaged in a tug-of-war in this area, resulting in relatively limited price fluctuations.
From the analysis of the market, the Bitcoin market is experiencing intense long-short battles, with prices continuing to oscillate below key resistance levels. On the 4-hour chart, prices are running below the middle band of the Bollinger Bands, and technical indicators show a slight bearish momentum in the short term, although both sides are waiting for clearer signals. Prices are fluctuating repeatedly within the range of 114500-116200, forming a distinct converging triangle pattern. This key resistance level has blocked the bulls' attack three times in a row, while the support level below has also undergone multiple tests. The current price oscillation is accumulating energy for the next trend, and the upcoming Federal Reserve meeting will serve as a catalyst to break the current consolidation pattern. We maintain our bearish outlook for now.
Bitcoin: Short position can be taken in the range of 115500-116000, with a short-term target of 114000.
Ethereum: Can short near 4540-4560, short-term target 4420
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