[Market Research Report on September 11th - The Fibonacci 0.5 position is the strength and weakness dividing line of the 6.5 stage market]
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1. $BTC
Yesterday's view: 5.8 and current price make a correction, reduce positions near 5.6, the short-term rising structure is not broken, reduce positions at the position, support stabilizes and rebounds, and play in the oscillation range if the pressure is not broken. [This script view is already running, and the range has appeared 5.6--5.8]
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Cycle view:
1. If we continue to expect the rebound starting point at 5.25, 5.95-6 can still be judged as the reversal position.
2. Several entry positions of the daily channel remain unchanged.
Intraday view:
1. With the rebound of 5.25, to end the correction since 6.5, the strength and weakness position is 0.5 [pull a Fibonacci from 6.5 to 5.25], then the strength and weakness judgment is 5.87.
2. If the support is not broken at 5.45, the rebound since 5.25 will not end
3. Yesterday’s callback since 5.8. According to yesterday’s strategy, reduce the position in the band, set a stop loss, and continue trading in that range
2. $ETH
Ether volatility is relatively small
In the past few days, 2188 ethers entered the market and started to reduce positions here [contracts], and added back when it fell back to 2270. If it fell below 2240, it would go [this strategy is not executed, and the profit stop loss can be moved]
The lower entry position continues to be valid
The upper pressure: 2466 2546