9.9 Tuesday afternoon Bitcoin Ethereum market analysis and trading suggestions

Don't be afraid of starting from a low point; what you should fear is not having the courage to even "start." Moving forward is always closer to your goal than staying in place. Looking back at the market trends this morning, Bitcoin continued its bearish trend, further declining and touching the 111111 support level before stabilizing and rebounding, currently rising to around 113293. Ethereum also maintained a weak pattern, dipping to 4276 before starting to rebound. In our analysis earlier this morning, we clearly indicated a bearish outlook. Although the market fell as expected, the overall volatility was slightly less than anticipated. In terms of specific operations, we placed a short position on Bitcoin at 112600 and took profits at 111300, successfully capturing a 1300-point movement; for Ethereum, we entered a short position at 4362 and exited at 4289 for a profit of 73 points.
From the in-depth analysis of the current market trends, the recent market shows obvious characteristics of a fluctuating upward movement. The K-line chart clearly shows that whenever the price retraces to near key support levels, it triggers a strong counterattack from the bulls, forming a typical V-shaped rebound pattern. Especially in the support area formed by previous lows, the trading volume has significantly increased, indicating a strong willingness to buy at lower levels. The current market sentiment is relatively stable; although there are occasional pullbacks, each decline is accompanied by significant buying interventions. In this technical pattern, it is recommended that investors adopt a strategy of buying on dips; we should first look for a pullback and then look to go long.
Bitcoin: Buy near 112300-112500, short-term target 114500
Ethereum: Buy near 4340-4320 Short-term target 4450
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