September 16 Market Views

Setting the tone: This week will probably be weak first and strong later

BTC: Last week, it broke through the hourly chart and the four-hour chart continuously. On the 13th, it broke through the daily lifeline of 58500. It is currently stepping back to confirm the support strength of this daily lifeline. Therefore, the position of the daily closing line in the first two days of this week is more critical. If it closes above the daily lifeline, the bullish trend exists; if it closes below, the market needs to adjust. AI analysis shows that the long-short boundary of this week's weekly line is 58085. If it is inserted at this position during the session, it is also normal. Bulls temporarily avoid it and wait for the signal to appear.

ETH: This is weaker than the big cake. The more critical position of the daily line is 2275. This stepping back can be understood as the first stepping back to the four-hour lifeline, with a fluctuation of 1~2.

#BTC

#ETH