Analysis of BTC and ETH market on September 4:

Today’s highlights

BTC: 1-hour and 4-hour levels are below healthy levels, and the daily level is below healthy levels. Pay attention to the rebound during the day and be prepared for continued declines. The expectation of the big cycle has not weakened. The support below is 55000-55500 during the day, and the upper resistance is 58000-58500. Wait and see during the day and wait for a deterministic signal

ETH: 1-hour and 4-hour levels are below healthy levels, and the daily level is below healthy levels. The volume is sluggish, and it falls below the range. The upper resistance during the day is 2420-2470, and the lower support during the day is 2250-2300. It is recommended to wait and see today.