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Bitcoin and Ethereum afternoon market trend analysis: 9/4

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Bitcoin and Ethereum Market Analysis and Trading Recommendations for Thursday, September 4th. The fluctuations of the candlestick charts are essentially a concentrated reflection of market group psychology. Behind every trade lies the tug-of-war between human greed and fear: the desire for more profits and the unwillingness to exit the market when losses occur. Truly sophisticated traders understand that rather than predicting market fluctuations, it's better to tame their inner selves with rules—using stop-loss orders to counter fear, stop-profit orders to curb greed, and discipline to anchor rationality. The ultimate battleground in investing lies not in technical analysis, but in confronting one's own weaknesses. According to the current market, the four-hour level shows that after three consecutive positive tests, the short-term bears gave two consecutive negative retracements, but the Bollinger Bands are still opening upwards, and the price has been running at a high level. The current retracement has not caused the overall market to deviate from the upward track. Therefore, the overall trend is still dominated by bulls. From the one-hour level, the market has formed a trend of five consecutive negatives and is moving down close to the middle track of the Bollinger Bands, but the middle track of the Bollinger Bands provides certain support, which has stopped and slowed down the downward trend. Although the current price is still in the correction stage, it has not broken the overall upward pattern. Therefore, in terms of operation, we still maintain the idea of low-long after the retracement. Bitcoin: 110300 direct current price, short-term target around 112000, break to see 113000. Ethereum: 4350 current price can be long, short-term target around 4450
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