[2024.9.5 Bitcoin and Ethereum intraday market analysis]

Good afternoon, brothers. Remember what I said before: there must be a rebound after a big drop, and there must be a correction after a big rise? Recently, the daily market will rebound after a big drop.

Last night was the same. Bitcoin and Ethereum rebounded to the second pressure level and then began to fall. Those who got on the train basically had two or three points of profit. It has now fallen to the correction support level mentioned last night. Those who are shorting should pay attention to the support level I gave. When they reach the support level, they can stop profit or reduce their positions in batches!

There will be data on the number of employed people and the number of people receiving unemployment benefits at 8:30 tonight. At that time, everyone should pay attention to the impact of the data release on the market!

Today's market analysis:

$BTC Bitcoin's current 4-hour level rebound ended and the market turned short. Pay attention to the position of 57440 today. The 2/4-hour level closing line will only continue to go up if it stands above this position. Pay attention to the upper target/pressure level near 58330-59100-59800!

If the 2/4 hour level closing line today does not stand above 57440, it means that the rise is not strong. If it falls, pay attention to the support level below 56520-56110-55555! #BTC走势分析

$ETH Ethereum's current 4-hour level rebound has ended and the market has turned bearish. Pay attention to the position of 2430 today. The 2/4 hour level closing line will only continue to move up if it stands above this position. Pay attention to the upper target/pressure level near 2465-2490-2519!

If the 2/4 hour level closing line today does not stand above 2430, it means that the rise is not strong. If it falls, pay attention to the support level below 2386-2361-2338! #ETH走势分析

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