2024.9.26.BTC.ETH.Intraday market analysis
Good morning, brothers. The big cake has finally fallen a little. I reminded brothers in the night market analysis last night that there will be a four-hour correction. It has now reached the first support level of 62744. The target level has been accurately reached with an error of ten oils.
After the market falls to the support level, there will be a little rebound. The rebound target is 63200. If the one-hour closing line breaks 63200, the rebound target is 63500. Long orders must wait for the four-hour level to close at 63500 to complete the four-hour correction. The market will continue to rise. If it fails to close at this price, it will continue to pull back in four hours and explore the second support level of 62347. The current market is very close to the daily support, and the four-hour If the callback is not completed, it is not recommended to open long orders, which is easy to break. Once the 62347 daily support is broken, it will fall back to the weekly support of 61267. The overall trend shows that the bullish momentum is weak. Pay attention to the two support levels of 62347 and 61267 for short-term rebound. ETH is a bit uncivilized. If you use the second one too much, it will inevitably fail to get up early. At present, it is still in a four-hour callback. For a small-level rebound, look at: 2590.2610. Long orders should wait for at least four hours of callback to complete and close above 2610 before considering it. If it fails, continue to follow the four-hour callback support below 2517.2450. #BTC☀️ #ETH🔥🔥🔥🔥🔥🔥