BTC and ETH market analysis on September 18:
Today’s highlights
BTC: 1-hour and 4-hour levels are higher than healthy levels, and the daily level has returned to a healthy level. It is expected to continue to rise during the day. You can follow up lightly, and you can also consider following up with altcoins that have not risen significantly. Wait for the evening interest rate cut to be well defended. There is a need for consolidation after the interest rate cut, and you still need to be cautious. The expectation of the big cycle has not weakened. The support below is 59500-60000 during the day, and the resistance above is 62500-63500
ETH: 1-hour and 4-hour levels are higher than healthy levels, and the daily level is lower than the healthy level. Pay attention to the trend of BTC. The upper resistance still exists during the day, and it is expected to rise synchronously with BTC, but you still need to pay attention to the correction after the interest rate cut. The upper resistance during the day is 2430-2500, and the lower support during the day is 2270-2300.