BTC and ETH Market Analysis for Saturday: As of 9/27, the current market shows a clear range fluctuation pattern, with prices hovering around the key support level of 108566. The technical analysis indicates that although a bullish engulfing pattern has appeared, suggesting some rebound potential at the support level, the bearish arrangement of the moving averages and the overall weak trend limit the strength of the rebound. Moreover, the price fluctuations near the middle band of the Bollinger Bands further confirm the market's lack of clear direction. Overall, both technical indicators and external environment point towards a high likelihood of the market maintaining a range fluctuation in the short term. It is crucial to pay attention to the stability of the key support level of 108566 and the subsequent strength of the rebound. Given that the current market is in a range fluctuation state ( major premise ), and the price is near the resistance range of 111034-111659.8 with a high technical intensity ( minor premise ), a strategy of high selling near the resistance level to engage in shorting is suitable for the characteristics of a fluctuating market. BTC: Entering around 109800-110500 with a short-term target near 108000 and a long-term target near 105000, defending at 111000.


ETH: Enter near 4030-4050, short-term target around 3900, long-term target around 3700, defend at 4100#BTC走势分析 #美联储降息25个基点 #BTC战略储备市场影响 .
BTC2,09%
ETH2,1%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)