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September 26th Bitcoin and Ethereum Market Analysis: BTC and ETH Today's Highlights

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September 26th Bitcoin and Ethereum Market Analysis: BTC and ETH Today's Highlights

Market Review

BTC continued to pull back yesterday. The 4-hour trend is being repaired. A slight divergence has been seen. 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 second cake followed the BTC and pulled back synchronously, falling below the 4000 support level. The trend is not optimistic. It is in the 4-hour repair and has already slightly diverged. It needs to be observed and sorted. 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 following the mainstream trend and the altcoin index is falling. Market sentiment is depressed again. Pay attention to the BTC market share, the fiat currency buying signal, and the altcoin launch signal. ETH-related 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 108000-109000, and the upper resistance is 110000-111000.

ETH 1 hour, 4 hour level is below the healthy range, the daily level is below the healthy range, the intraday is expected to maintain consolidation, the intraday support is 3800-3850, the upper resistance is 4000-4100

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.
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