9.8 Bitcoin Ethereum market trend analysis and operation suggestions!

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9 hours ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily candlestick closed bullish around 111,000, the Bollinger Bands are starting to contract, the MACD moving averages are beginning to move upwards, bullish volume is starting to slightly increase, and the KDJ is starting to move upwards. On the 4-hour chart, the Bollinger Bands are slightly opening, the MACD moving averages are starting to move upwards, bullish volume is beginning to slightly increase, and the KDJ line is starting to move upwards;

For Ethereum, the daily candlestick closed bullish around 4,300, the Bollinger Bands are starting to contract, the MACD moving averages continue to move downwards, bearish volume continues to increase, and the KDJ line is starting to flatten and move upwards. On the 4-hour chart, the Bollinger Bands continue to run flat, the MACD moving averages are starting to flatten and move upwards, bullish volume continues to slightly increase, and the KDJ line is starting to move upwards;

Currently, the market remains volatile, with pressure above and support below. The short positions established yesterday also have some profit potential. It is recommended to continue placing short positions near the resistance level!

Operational Advice: Short near the resistance level!

Short Bitcoin at 112,000-112,500, target 110,500-109,000, stop loss at 113,500;

Short Ethereum at 4,330-4,360, target 4,270-4,200, stop loss at 4,405;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

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