9.20 Ethereum early morning market analysis and operation ideas

During the early morning of today, the price of Ethereum has been in a bullish resonance upward posture. From the perspective of daily technical indicators, the KDJ technical indicator and the MACD technical indicator are both in the bullish resonance stage, and the MA5-day moving average and the MA10-day moving average are slightly upward. It can be seen from here that the impact of the interest rate cut is very large, but the high point MA30-day moving average continues to fluctuate downward, so whether the 2450 line can stand firm is very critical, which determines the general trend in the later period.

From the perspective of 4-hour technical indicators, the current indicator changes are not particularly large. The KDJ technical indicator, MACD technical indicator and BOLL technical indicator are all in the bull resonance stage. At present, all aspects of the currency price have stabilized above the MA three-day moving average, so the ultra-short-term still depends on whether the MA30-day moving average can be effectively stabilized and broken through. Therefore, the operation idea remains unchanged in the early morning of today. It is recommended to continue to focus on retracement and long positions.

Ethereum: Long positions near 2450-2470 Stop loss: 2412 Target: 2550-2600

Bitcoin: Long positions near 63600-63200 Stop loss: 62300 Target: 64600-65500#美联储宣布降息50个基点 #加密市场反弹 #BTC #ETH $BTC $ETH