Market Analysis of Bitcoin and Ethereum on September 20: Is it the Beginning of a Waterfall?

The support level of Ethereum given by the holders in the morning yesterday was at the 377.38 line. In fact, it started to rebound at the 377 line in the afternoon. Yesterday, the Ethereum reached the 388.43 line at the highest point in the evening. The upper pressure level given by Bitcoin holders yesterday morning was at the 11,000 mark, which was not reached during the day yesterday, but according to the linkage between Bitcoin and Ethereum, the support level of Bitcoin can be updated in real time based on Ethereum 377.38 That's it.

Market Analysis BTC: Just now the Bitcoin market has dropped by about 100 points, and the current market is hovering around 11,000. On the hourly chart, the Bitcoin market is showing a door-to-door market. Today is the weekend. As I said before, it is good for the Bitcoin market to stabilize above 11,000.

Market Analysis ETH: At the same time that Bitcoin is down around 100, Ethereum is also down to around 3 o’clock. The market has swallowed up last night’s rise directly. Of course, the currency holders have said before that Bitcoin and Ethereum are above There is a large accumulation of chips, which may also be the beginning of the waterfall of Bitcoin and Ethereum, and we can test positions.