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#BTC 9.30 Evening Bitcoin Ethereum market analysis and trading suggestions
Opportunities are always hidden in corners that no one cares about, while risks often lurk at the peaks of bustling crowds. Only those who dare to plant seeds in a bear market are qualified to reap rewards in a bull market. Looking at the Bollinger Bands on an hourly basis, the current contraction of the bag mouth is not a signal of a continuation of the bears, but rather an indication that the short-term tug-of-war between bulls and bears is coming to an end. The upper band continuing to diverge upwards is the core evidence that the bullish trend has not been broken, indicating that there is still potential for upward movement; the middle and lower bands trending downward in the short term is a normal process of the market confirming support. It is especially worth noting that when the market previously dragged the lower band down, it did not accompany an increase in selling pressure, which directly indicates that the bearish momentum is nearly exhausted, making it easier for bulls to regain strength in the future.
Observing the Bitcoin market from the four-hour level, it is currently in a corrective pullback phase, with overall market momentum being subdued and the pullback strength being limited. A rebound can be expected after the pullback ends. At the hourly level, the market continues to hover near previous highs, highlighting strong support at this level. Overall, the support below is solid, and both Bitcoin and Ether levels are suitable for light long positions. It is advisable to maintain the original targets and reasonably control positions to seize layout opportunities.
In the evening, you can buy Bitcoin at 112200-112600, aiming for around 114500.
In the evening, Ether can be bought at 4110-4130, targeting around 4260 near #GatePerpDEX正式上线 #成长值抽奖赢iPhone17和周边 #加密市场反弹 .