Analysis of the evening thoughts on September 24
Observing the 4-hour chart of Bitcoin, its price is fluctuating between the middle and lower bands of the Bollinger Bands, briefly falling below the important support level of 111000. Currently, the market lacks strong buying support, coupled with the MACD indicator operating below the zero axis, and the bearish trend remains unchanged. The evening strategy suggests waiting for a rebound opportunity to enter short positions.
Operating Suggestions
BTC: Short around 113200, target 110500
Ether: Short around 4190, target 4090
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