Original

September 25th Bitcoin and Ethereum Market Analysis: BTC and ETH Today's Highlights

This article is machine translated
Show original

September 25th Bitcoin and Ethereum Market Analysis: BTC and ETH Today's Highlights

Market Review

BTC maintained consolidation yesterday, and the 4-hour trend is under repair. It needs to be observed and sorted out. The daily level remains healthy. The interest rate cut is confirmed. After the adjustment, it is expected to start a new round of rising cycle. The weekly trend remains healthy.

The two cakes follow the BTC to consolidate synchronously. The trend of breaking the 4200 support level is not optimistic. It is under repair in 4 hours and needs to be observed and consolidated. Pay attention to the changes in volume at the daily level. The adjustment is over and the general direction continues to be bullish.

The altcoin market is consolidating synchronously with the mainstream market. The altcoin index has fallen, and market sentiment is depressed again. 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 been active recently, and Alpha points activities are continuous. You can brush up your points and get some free stuff.

Today's highlights:

BTC 1-hour and 4-hour levels are below the healthy range, and the daily level is below the healthy range. It is expected to maintain consolidation during the day. The lower support is 111000-111500, and the upper resistance is 113000-114000.

ETH 1-hour and 4-hour levels are below the healthy range, and the daily level is below the healthy range. It is expected to maintain consolidation during the day. The lower support is 4000-4050 and the upper resistance is 4150-4200.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments