[2024.9.16 Bitcoin and Ethereum intraday market analysis + weekly analysis]
Good afternoon, brothers. A new week has begun. It was originally rising well, but the unreliable assassination attempt caused our account assets to be sniped.
Last night's market analysis said that Bitcoin could not stand firm at 6w and Ethereum could not stand firm at 2420, and the 4-hour level would start to pull back. It also specifically mentioned that the position of 2395 had been stepped on once, and it might not be able to hold up for the second time. I just didn't expect that the decline of Ethereum was a bit exaggerated, and it fell directly to the starting point of the previous few days. This is a direct door to hell!
Bitcoin touched the pressure level last week and went down again. Fortunately, the weekly line closed with a positive K last week. This week, continue to pay attention to the position above 60500. If it stands firmly at this position, the weekly level pullback will end!
This week's support level below: 57000-54700-53640 Pressure level: 59860-60500-61870
The weekly K of this garbage Ethereum last week was too ugly. Although it was a positive line, the upper shadow line was too long. It was a real negative and a false positive line. Pay attention to 2350 this week. Only when it stands firmly above this position will the daily level start to rebound upward!
This week's support level below: 2220-2150-2116 Pressure level: 2390-2464-2565
Today's market trend analysis:
$BTC Cake is currently 4 hours back to the small level short side. If it continues to fall, pay attention to the support level below 57845-57300-56650. As long as the daily level does not fall below 57300, the small level will still go up. If the daily level falls below 57300, then the daily level rebound in the past few days will end!
Today, the upper pressure level of the rebound should be paid attention to around 59080-59645-60400. Only when the 4-hour level stands firmly above 59645, this wave of callback will be considered over and the market will continue to rise. If the 4-hour level closes and does not stand firmly, it will only be a small-level rebound! #BTC走势分析
$ETH Ethereum is currently on the short side at all levels. If it continues to fall, pay attention to the support level below 2251-2220-2186!
Today, the upper pressure level of the rebound should be paid attention to around 2320-2352-2375. Only when the 4-hour level stands firmly above 2375, the upward rebound will be strong! #ETH走势分析
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