9.10 Bitcoin (BTC) Ethereum (ETH) latest market analysis

The current price of Bitcoin is 111000. It is now midnight Beijing time. The highest price for Bitcoin's daily candlestick before this report was 113300. Congratulations to the fans who went south; the key southern entry point has been given for several days now. The entry point was 112700 the day before yesterday, and the second target for defense has already been reached. There is currently more than a thousand points of space. After the daily candlestick reached a high and then fell back, the main force started to exit after taking profits at 113300. The daily candlestick has fallen back to the intersection point of EMA15 and EMA90 at 111400. The next step is the EMA120 trend support at 109500. The daily candlestick has already broken through the middle track of the Bollinger Bands. The four-hour candlestick has broken through the support of the upward trend line and has now reached the bottom support area of the trend indicator at 111200, along with the middle track support at 111350. If this support is lost, the next step will be the lower track support at 109750. After the short-term bullish trend ends, the market will continue to extend the bearish momentum. The idea is to hold effectively on the way south. After the market reaches 109500, one can consider taking some profits to lock in gains while continuing to hold the rest. Be cautious about going north for now.

Short-term reference: Small losses and big gains are the goal.
The northward trial position is 110000 to 109500, defending 109000, stop loss of 500 points, target looking at 111000 to 111500, and breaking point looking at 112000.
The southern trial position is from 112700 to 113300, with defense at 113800, stop loss at 500 points, and the target is between 112000 and 111500. If it breaks, look at 111000.

Ethereum (ETH)
Ethereum's current price is 4280. It's now 0:00 Beijing time. The highest point of Ethereum's daily K-line before this article was published is 4381. I have been reminding everyone for several days not to chase positions at high levels, as the bottom exploration is not over yet. The main force's adjustment can be understood as building strength. The EMA30 has been in a horizontal period for too long, and breaking below 4280 is only a matter of time. One must understand that a support level that is held for too long will eventually break. The effective pressure level is the mid-track at 4428. Pay attention to the lower support of the Bollinger Bands at 4070. The four-hour K-line has returned to the bottom support; it is now starting to impact the support point with MACD showing a continuation of the bearish trend. The DIF and DEA are contracting below the 0 axis, indicating a potential death cross. The K-line has directly crossed down from the upper track to the mid-track at 4300, beginning to impact the lower track support at 4245. The bearish outlook is effective. Friends holding short positions can continue to hold, and profits can be locked in around 4250 before continuing to hold.

Short-term reference: Always set a stop-loss, safety first.
The upper trading range is 4150 to 4100, with a defense at 4050, a stop loss of 50 points, and a target looking at 4200 to 4250. If it breaks, look at 4300 to 4350.
The southward trial position is between 4400 and 4450, with a defense at 4500, a stop loss of 50 points, and a target looking at 4350 to 4300. If it breaks, look for 4250 to 4200.
The specific operation is mainly based on real-time market data. For more information, please consult the author. There may be a delay in the article's publication, and it is recommended for reference only!