September 22 Market Views
BTC: This is the same as yesterday. The rebound after the four-hour retracement did not form a bullish trend. During the rise, the hourly chart closed below the lifeline of 63326.
ETH: This has a new high this morning. The highest point did not exceed the AI daily line first pressure position of 2647. It can be temporarily understood as a compensatory rise, not a new momentum. The position of the lifeline of the four-hour and hourly charts below has changed. (See attached picture)
Exchange rate: There is a new high, but it does not mean that there will be no retracement. Don't chase it.
US stocks: This is also an important factor affecting the current short-term trend of the market. At the close of Friday, the Nasdaq hourly chart was on a downward trend. It depends on the opening of the US stock market tomorrow (Monday) night.
The above views focus on the impact on short-term traders in the next 1~2 weeks. Long-term believers at the monthly level do not need to pay attention.
