I wish you all a happy Mid-Autumn Festival.

After the weekend shock, the daily indicator of Ethereum was destroyed again. After the current weekly K update, the price of the currency is still under pressure below the MA5-day moving average, and the TD indicator has reached TD9 again. This week, at 2 a.m. on September 19, the Fed announced whether to cut interest rates. If the positive news and the main institutions enter the market, the currency price will stabilize the weekly K MA 5-day moving average, and the TD9 will turn red and TD1 will be reversed. On the contrary, if the currency price goes up and touches the MA5-day moving average and falls under pressure again, the Ethereum TD indicator will lag to TD13, and the market will continue to fluctuate and fall. From the weekly K indicator, the K column is still arranged downward in a short position, so this week's MA5-day moving average is also a watershed that determines the long and short positions. The weekly K is more based on the daily line.

In terms of daily chart, the MACD fast and slow lines adhere to the MA5 30-day moving average to resonate and suppress the currency price. In terms of indicators, the overall daily chart is still inclined to fluctuate downward. As the market faces relatively weak trading volume during the Mid-Autumn Festival, the short-term currency price rebound cannot break through the MA5 daily moving average pressure and still needs to be maintained at a high altitude.

The current price of the coin on the 4-hour line is running above the MA5 daily moving average, and the short-term KDJ and MACD indicators tend to rebound slightly. However, due to the continuous suppression of the middle track and the MA30 daily moving average, the current Ethereum rebound is also limited. In addition, the large-scale trend is bearish, so for the early morning trend, Ethereum's rebound cannot break through the 2360-2420 line of suppression and can be viewed as high. The low point support reference is 2200-2150. Considering that the market fluctuations during holidays will not be too large, it tends to be slightly volatile. It is recommended that everyone try to do less and watch more. Real-time guidance is the main focus.

Operation suggestion: Ethereum 2310-2280 long target: 2360-2380 can be inserted to 2400 stop shoot: 2265

The reference point for short selling is near the pressure point

The price of big cake is around 59000-58500. Target: 60000-60500. Stop: 58200.

For the short term, we will stop here and analyze it in detail later.#美联储利率决议公布在即 #ETHBTC汇率新低