Analysis of BTC and ETH market on September 5:

Today’s highlights

BTC: 1-hour and 4-hour levels are below healthy levels, and the daily level is below healthy levels. It is expected to pull back and consolidate during the day. Be prepared for a pullback. The expectation of the big cycle has not weakened. The support below is 56000-56500 during the day, and the upper resistance is 58000-58500. If it pulls back to the support level during the day, you can consider a slight follow-up

ETH: 1-hour and 4-hour levels are below healthy levels, and the daily level is below healthy levels. The volume is sluggish, and the downward trend has not come out. The upper resistance during the day is 2470-2520, and the lower support during the day is 2320-2370. It is recommended to wait and see today.