[2024.9.11 Bitcoin and Ethereum intraday market analysis]
Good afternoon, brothers. There are two major events today: one is the presidential debate between Trump and Harris. Which of the two candidates do you think is better?
The second thing is the CPI data at 8:30 pm. This data will affect the Fed's decision to cut interest rates on the 18th. At that time, the market is expected to fluctuate greatly. It is recommended to wait and see and avoid trading on the news!
Today's market analysis:
$BTC Bitcoin today pays attention to the bottom support of 56350, the 4-hour level sideways trading zone. As long as it does not fall below this position, the 4-hour level will continue to fluctuate widely. Pay attention to the position of 57085 on the upper side. As long as it stands firmly at this position, this small-level correction will end and the market will start to rise. Pay attention to the upper pressure position near 57630-58140-59100!
If the 4-hour level closes below 56350 and fails to rebound, the market will go down. Pay attention to the support levels of 55885-55120-54500! #BTC走势分析
$ETH Ethereum pays attention to the bottom support of the 4-hour level sideways zone of 2322 today. As long as it does not fall below this position, the 4-hour level will continue to fluctuate widely. Pay attention to the position of 2354 above. As long as it stands firmly at this position, this small-level correction will end and the market will start to rise. Pay attention to the upper pressure level of 2388-2408-2450!
If the 4-hour level closes below 2322 and fails to rebound, the market will go down. Pay attention to the support levels of 2283-2245-2208 below! #ETH走势分析
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