September 20th Bitcoin and Ethereum Market Analysis: BTC and ETH Today's Highlights
Market Review
BTC experienced a slight correction yesterday, which did not meet expectations. The 4-hour trend remained healthy. A slight correction is not a big problem. We continue to be bullish. The daily level remains healthy. With the interest rate cut confirmed, a new round of rising cycle is expected to begin. The weekly trend remains healthy. In terms of the large cycle, a new round of weekly rising cycle has started.
The two cakes follow the BTC to pull back synchronously, the 4-hour trend remains healthy, the daily level remains healthy, and continues to be bullish
The altcoin market is consolidating synchronously with the mainstream. The altcoin index has risen rapidly recently, and market sentiment is still recovering slightly. Pay attention to the BTC market share, the fiat currency buying signal, and the altcoin launch signal. ETH-affiliated currencies are more affected by ETH. PENDLE can continue to be held. Binance has frequent activities recently, and Alpha points activities are continuous. You can brush up your points and get some bargains.
Today's highlights:
BTC 1-hour and 4-hour levels are below the healthy range, and the daily level has returned to the healthy range. It is expected to rise during the day. The lower support is 114500-115500, and the upper resistance is 116500-117500.
ETH 1-hour and 4-hour levels are below the healthy range, and the daily level has returned to the healthy range. It is expected to rise during the day. The lower support is 4400-4450 and the upper resistance is 4550-4650.
