Analyst Liang Qiu: Interest rate decision coming at dawn on 9.17, be prepared for risk control in the evening for Bitcoin and Ethereum.



The calm before the news arrives, Bitcoin and Ethereum have basically been consolidating for a day. Our reminder during the day to raise the price was also ahead of the live broadcast in the afternoon, where we raised it above 4530 to add positions. The market has experienced multiple fluctuations, with Bitcoin and Ethereum reaching as low as 116100 and around 4480, respectively. Bitcoin and Ethereum can also achieve gains of a thousand points and forty to fifty points, but the overall space is not large. However, before the data, it is important to manage risk and timely adjust positions. Currently, the market's continuation of long and short positions is not strong, so it is advisable to find the right entry point.

On the daily chart of Bitcoin, after breaking through the resistance level of 116,000, a bullish engulfing pattern and MA golden cross resonance have formed. However, the MACD red bars are shortening, and the RSI is close to the 70 overbought zone, indicating weakening upward momentum. On the 4-hour chart, the Bollinger Bands are opening upwards, the price has broken through the upper band, the MACD golden cross is present, and momentum is strengthening, suggesting a potential continuation of the upward trend, with a key resistance level to watch at 118,000. On the daily chart of Ether, there have been consecutive bearish candles, the moving averages are in a bearish arrangement, and the MACD green bars are expanding, indicating a bearish dominance, but the RSI has dropped to the 40 oversold zone, showing a demand for a rebound. On the 4-hour chart, it has been oscillating within a range, the Bollinger Bands are opening downwards, and although there is a MACD golden cross, the momentum is insufficient.

Evening operation suggestion: short Bitcoin around 116800 to 117300, target near 115000; short Ether around 4530 to 4560, target near 4420.

#BTC战略储备市场影响# #XRP ETF上线# #美联储降息预期升温#
BTC0.99%
ETH1.78%
XRP2.76%
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JiaYiBingDingvip
· 22h ago
Steadfast HODL💎
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