Morning trading suggestions for Bitcoin and Ethereum on Sunday, September 22
Yesterday, Bitcoin rose to 63,300 and then fell back, reaching a low of 62,750, and then began to fluctuate. The fluctuation range in the afternoon was only about 200 points, with fewer opportunities. It has now rebounded slightly to around 63,400.
From a structural point of view, the market is oscillating, mainly focusing on correction. The 4-hour level shows a oscillating correction structure of one step and one turn back.
The overall trend remains unchanged, and the oscillation space is between 300-500 points, which are all within the operable range. Pay attention to the support level of 62,500 and the pressure level of 64,000. You can flexibly operate in the short term, short or long.
Sunday trading suggestions:
Bitcoin: short at 63,700-64,000, target 62,700;
Long at 62,700-63,000, target 64,000.
Ethereum: short at 2620-2640, target 2520;
Long at 2540-2520, target 2620.
