#BTC#9.20 Early morning Bitcoin Ethereum market analysis and trading suggestions Learn to be calm in the ups and downs, and stay clear-headed during the surges. Investment is not just a game of numbers, but also a tempering of mindset. The bear market teaches us to lie low and accumulate, while the bull market tests our restraint and perspective. Bitcoin opened around 117400 on Friday, quickly launching an upward attack after the opening, reaching a daily high of 117800, but failed to effectively break through that resistance level, and the upward momentum immediately weakened. After being under pressure, the price entered a volatile downward channel, showing an overall unilateral decline, with the evening low probing down to 115400, presenting a weak pattern of "rising and meeting resistance - under pressure and falling back" throughout the day; Ethereum showed a strong correlation with Bitcoin during the day, starting from around 4590 after the opening, simultaneously rising to a daily high of 4634, and then following the market to start a downward trend. During the downward process, there was a lack of effective rebounds, with the price continuing to probe downward, reaching a daily low of 4442, as short-term bullish confidence was under pressure. From the weekly chart, the market is rising step by step, with short-term high points continuing to be broken, and there are no signals of a reversal. Although the highs are accompanied by pullbacks, this only proves that there is heavy resistance at the high points, making it difficult to break through. However, this does not mean it is impossible to break through; any pullback is an opportunity to go long. The four-hour chart shows three lines opening upwards, with the lower line serving as resistance for bullish attacks. The short-term support below is at the 115,000 level, and one can consider going long again at this position in the early morning. You can go long on Bitcoin around 115000 in the early morning, targeting around 117000. In the early morning, you can go long on Ether around 4440, targeting near 4450 #美联储降息25个基点# #BTC战略储备市场影响#.

Whether it's the bullish outlook given during the daytime trading hours or the bearish outlook provided in the evening, the fluctuations of the intraday trend have almost all been validated by our analysis. Everything can be confirmed; the price has been in a slow downward trend since it peaked in the early morning. There have been rebounds, but in terms of the overall decline, they can almost only be seen as corrections, not pullbacks. Currently, after consolidating sideways, the price has once again experienced a drop of over 1,000 points. The lowest point has reached 115333, and the long and short positions indicated during the day have been perfectly captured; one can only say that following along means profit. The evening signal indicated a short for BTC at 116500 and a short for Ether at 4540, both of which have already achieved gains. The BTC position gained 1100 points, while the Ether position gained 128 points. This is the charm of understanding market trends; making profits is as easy as drinking water. In terms of structure, there are a few key points to note here. Firstly, the position on the weekly chart is the first pullback after the big bullish breakout, quite simply, it cannot keep rising indefinitely, nor can it rise mindlessly. When it rises to the point where you question your life, a large pullback will also make you doubt your existence. It is important to note that the midnight surge has caused BTC to touch the previous downward gap and bottleneck line, so we need to be cautious when going long next. Meanwhile, the daily moving average indicators are still too far apart, so the rhythm will shift more towards sideways. The positions for going long need to be adjusted appropriately. Currently, the lower channel has opened, and the moving averages have not formed an upward migration, but rather, the downtrend of the bearish volume is more certain. This is not a bear market, but a shift into a bearish trend pullback. Continuous support and probing downwards without effective recovery means we are just waiting for a bearish breakout. We can take a high short approach in terms of the trend. In the early morning, BTC is hovering around: 115600-116000, sell, target focus on 113500. Ethereum is hovering around 4465-4485, sell, target focus on 4350.

Global money supply is exploding now. Bullish for Bitcoin & Crypto.