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September 24th Bitcoin and Ethereum Market Analysis: BTC and ETH Today's Highlights

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September 24th 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 second cake followed the BTC cake to consolidate synchronously, fell below the 42000 support level, and is under repair in the 4-hour period. It needs to be observed and consolidated. At the daily level, pay attention to the changes in volume. The adjustment is over and continue 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 113000-113500.

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 4050-4100, the upper resistance is 4200-4300

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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