[2024.9.24 Bitcoin and Ethereum intraday market analysis]
Good afternoon, brothers, the market has finally weakened. Brothers who hold short orders can be happy, but it is hard to say where it can pull back to. After all, the big cycle is bullish. To go down, it must fall below the support level. Remember: holding orders in the contract market is the only way to a liquidation!
Bitcoin has not broken through the big pressure level of 6.5. Last night, it reached the first pressure level of 63745 I gave and started to go down. Ethereum broke through the first pressure level of 2680 I gave last night and started to go down. This morning, it just happened to accurately insert the second support level of 2608 to take long orders. Is the dog dealer starting to give face again?
Today's market analysis:
$BTC Bitcoin is currently in a 4-hour correction. Pay attention to the position of 63350 today. As long as the 4-hour level does not close above this position, the 4-hour level will always be in a correction. Pay attention to the support level below 62520-61700-61040! (Today, it fell below 61700 and the daily level began to correct)
If the 4-hour level closes above 63350, it means that this wave of 4-hour correction has ended and the market has started to move up. Pay attention to the upper target/pressure level near 63780-64430-65150! #BTC走势分析
$ETH Ethereum is currently preparing to correct in the 4 hours. Pay attention to the position of 2645 today. As long as the 4-hour level does not close above this position, the 4-hour level will always be in a correction. Pay attention to the support level below 2608-2570-2527! (2608 is the position of the pin in the morning. If it comes down again, this position may not hold)
If the 4-hour level closes above 2645, it means that this wave of 4-hour level correction has ended and the market has started to move up. Pay attention to the upper target/pressure level near 2680-2715-2752! #ETH走势分析
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