Analysis of Bitcoin and Ethereum Market on September 27
Bitcoin
Recently, BTC has slowly recovered from 64,000 and is currently around 65,000. In the past few days, the price has shown a fluctuating upward trend, with obvious signs of rebound, but it has not yet broken through the key resistance area. Combined with the MACD indicator, the price has entered a short-term upward momentum, and the KDJ indicator shows that the K value is at a high level, indicating that the market has a certain buying power. At this time, the market sentiment is slightly optimistic, the short position is gradually reduced, and the buying power is strengthened.
Operation suggestion: If the price breaks through the 66,000 resistance level, you can consider entering the market to chase more, and the target can be 68,000. If the price falls below 63,500, it is recommended to wait and see and wait for a new entry signal.
Ethereum
The current price of ETH is around 2624. In the past few days, the price has also shown a pattern of oscillating rebound. The MACD indicator shows that the bullish force is accumulating, but the overall momentum is still relatively weak. The KDJ indicator shows that the market may have a small correction pressure in the short term, and the K value has not continued to rise. Overall, the ETH price has not yet formed a clear upward trend in the short term.
The current ETH market sentiment is relatively cautious, the trading volume has slowed down slightly, and the long and short forces are relatively balanced. If the market lacks further momentum, it may continue to maintain a volatile pattern in the short term.
Operational suggestions: Pay attention to the support level of 2550. If it falls below this support level, it will further pull back. If it breaks through the resistance level of 2700, you can consider short-term long positions, with the target at 2850.