Xiaoyao KOL: Bitcoin and Ethereum midday market analysis 9.4

The current daily level of Bitcoin shows that the price has recently entered a period of volatile adjustment after large fluctuations. A long bullish breakout occurred on September 2, but it was followed by two consecutive days of small bearish closings, indicating that the upward momentum has weakened. In the 4-hour cycle, a high-level decline has been formed. The pressure near 112,500 was obvious in the early stage, and the bullish force has weakened in the short term. In the MACD 4-hour cycle, the DIF and DEA are gradually converging, and the red column is shortening, indicating that the upward momentum has weakened. The daily level is still above the zero axis, but there are signs of a top divergence. The price is currently running below EMA7, and there is a large gap between EMA30 and EMA120, indicating obvious short-term moving average pressure. EMA7 constitutes dynamic resistance to the price. It is recommended to enter the market at a high level during the day. It is recommended to enter Bitcoin near 111,000 to 111,500, with a target near 109,000, and to enter Ethereum near 4,400 to 4,450, with a target near 4,300. The shipping situation is constantly changing, and the article is timely. Friends who enter the market with Gendan mainly follow real-time guidance.