Analysis of BTC and ETH daytime market on September 12 (Saturday)

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BTC market analysis:

If you look at the weekly level, this week so far has been a small bottoming up. If the market closes in this way this week, it means that this week has withstood the test under the pressure of the big negative line last week. , the bottoming position is about the same as last week, and the position has come back up, so it can basically be confirmed that the decline has stopped for the time being, and the probability of digesting the weekly level shock is relatively high. What is more worrying during the weekend is the sudden pin insertion or smashing of the disk, so remember to do a good job in risk prevention and control.

BTC market analysis:

From a technical point of view at the daily line level, yesterday, due to the pressure from the 10400 line, it continued to fail to break through the daily line and then closed down again, and the lower shadow line was longer. This means that although the upper pressure is strong, the lower support is also not small. At present, the price is running near the 10-day moving average, and we should also pay attention to its gains and losses today. If the rebound is unable to retreat and falls, then the price will likely fall again and hit a new low in the future. There is basically no change in the MACD of the attached picture, and there is still a need for a rebound. The top will continue to pay attention to the first-line pressure of 10400-10500.

Looking at the four-hour chart, as the currency price continues to move between the middle and upper rails, the opening has shown signs of moving upward, and the 5-day moving average is hooked up and glued to the 10-day moving average, indicating that there is still a demand for a rebound in the currency price in the short term , in terms of operation, we can continue to keep low and much, and continue to refer to the middle rail 10248 line below.

day tradingETH market analysis:

ETH market analysis:

The price of ether went up around 6:00 a.m. within the day, and the high point hit the 375 position and was under pressure to pull back. The current market is running around the 370 line. The price has returned to the 370 area, but the suppression at the top is strong, and the bulls are not strong enough to attack. Therefore, Brother Lu believes that there is little chance to test upwards again within the day, and follow-up operations must not chase the rise. On the four-hour chart, the opening of the Bollinger Bands is upward, but the position of the upper track shows signs of flattening, so the upward space has not been opened, but the moving averages maintain a long arrangement, and the price runs in the area above them. Therefore, the overall trend is a Upside. In terms of intraday operations, it is recommended to focus on long orders and supplemented by empty orders.

Ethereum day-time short-term trading (the strategy is time-sensitive, for reference only!):

1. The price rebounds near the position of 374-376 and enters the market with an empty order, the stop loss is 382, ​​and the target is around 367-365;

2. The price steps back around the position of 366-369 to enter the market with more orders, the stop loss is 362, and the target is around 374;