Analysis of Bitcoin and Ethereum Market on September 19: Today’s Highlights of BTC and ETH

Market Review

Yesterday, BTC slightly adjusted and then continued to rise. The Fed cut interest rates by 50 BP in the evening, and BTC reached 62,500, which was in line with yesterday’s expectations. Today, it continues to be bullish, with a target range of 63,500-64,000. After 9:30 p.m., the U.S. stock market will open. Pay attention to defense. You need to reduce your holdings before 9:30 p.m. and wait for the U.S. stock market to stabilize before opening. The two cakes will rise synchronously with BTC, and are expected to continue to rise during the day. You can operate synchronously with BTC. SATS can continue to be held, and you can consider clearing the position around 50. PEOPLE can continue to wait for mid-term holdings

Today’s Highlights

BT C: 1-hour and 4-hour levels are above the healthy level, and the daily level has returned to the healthy level. It is expected to continue to rise during the day, and it can be lightly followed up, but it needs to be reduced before 9:30 pm. There is a need for consolidation after the interest rate cut, and it is still necessary to be cautious. The expectation of the big cycle has not weakened. The lower support of the day is 60800-61300, and the upper resistance is 63500-64000

ETH: 1-hour and 4-hour levels are above the healthy level, and the daily level is below the healthy level. Pay attention to the trend of BTC. The current trend is still not strong, but it is expected to rise synchronously with BTC. However, it is still necessary to pay attention to the correction after the opening of the US stock market. The upper resistance of the day is 2480-2530, and the lower support of the day is 2330-2360