9.26 Bitcoin and Ethereum morning operation ideas
Bitcoin prices show the characteristics of range fluctuations on both the daily chart and the four-hour chart. After the price reached 64838, it fell under pressure to form a double top pattern. The price ran near the middle track line, and the Bollinger band narrowed and flattened, showing a decrease in market volatility. In the short term, Bitcoin prices may fluctuate in the range of 63000-64500. The resistance of the 65000 mark above is still obvious, and the support below focuses on the 62500 line.
From the technical structure, the fast and slow lines of the MACD indicator are above the 0 axis, but the long volume column is gradually shortened, suggesting that the long force may be weakening. The KDJ three lines are shrinking upward at a low level, which may indicate that the price is about to rebound, but its sensitivity should be noted, and it should be combined with other indicators for comprehensive judgment. The reduction in VOLUME trading volume indicates that the market trading activity is reduced, and the market may enter a consolidation or correction stage.
The current market structure shows that the unilateral pattern is not obvious, and the interval card point is proceeding as usual. The four-hour chart confirms that this round of rise has reached the bottleneck position, and the probability of a one-time strong breakthrough is not high. The highs are not continued and the market continues to go sideways, which is a normal correction trend, accumulating power for subsequent highs.
Operation suggestion: long around 63,000, target 65,000
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