Market analysis on September 20
BTC 4-hour MACD fast and slow lines are diverging upward, and the bullish energy column continues to expand, indicating that the current market is in a strong upward trend! RSI is currently around 70, close to the overbought position, and has not yet entered the extreme overbought state. There is still room for further growth. Pay attention to the current pressure level of 63,800 area
In terms of operation, long near 62,200 below, stop loss 61,700, target 64,000-65,000
It is recommended to short near 64,500 above, stop loss 65,000, target 62,000
ETH Overall, it is still weaker than Bitcoin. Long positions are recommended around 2440, stop loss at 2400, and the target is 2530
Short positions at 2530, target at 2460, stop loss at 2560
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