#BTC 9.23 Afternoon Bitcoin Ethereum market analysis and trading suggestions



Don't lose your head in a surge, and don't lose your heart in a drop. The market is always in a cycle, and your understanding is the ultimate boundary of profit and loss. The current BTC market resembles a "deep squat before a powerful jump"—although it is oscillating repeatedly within key support and resistance zones, the daily level has already released clear signals: multiple consecutive bullish candles have solidified the foundation for an uptrend, and the EMA moving averages are presenting a standard "bullish arrangement" pattern. The tone for a trend-driven rise has already been set, and subsequent breakthroughs from the oscillation zone are just a matter of time.

Focusing again on the short-term rhythm, the MACD indicator on the 2-hour chart provides strong support: the momentum bars continue to expand, and upward momentum is steadily increasing, indicating that BTC still has ample room for upward movement in the short term, and there is no need to worry about retracement pressure for now.

Subsequently, the price of Bitcoin rebounded strongly, not only recovering the losses from the morning but also stabilizing above the key level of 112500. This move indicates that market sentiment has shifted from cautious to optimistic, with the initiative returning to the bulls and the upward momentum being effectively restored. At the same time, Ether is also moving upward, further boosting the overall market's bullish confidence. Currently, the price is stable around 112800, with the overall technical structure leaning toward bullish. The primary target for the future market is to challenge the previous high of 113000 again; if it can break through effectively, it will open up greater upward space. In terms of operations, a pullback buy strategy can be maintained, with a focus on the support strength between 113100 and 113300.

In the afternoon, you can go long around 112700 for Bitcoin, targeting near 114000.
In the afternoon, you can go long on Ether around 4180, targeting near 4300 #加密市场回调 #狗狗币ETF进展 #今天你用C2C神盾了吗 .
BTC-0,91%
ETH1,21%
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