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Morning thoughts on 9.2
From the perspective of the market structure, after Bitcoin broke below the 110,000 level, it has not been able to regain that position, instead facing resistance and continuing to decline, even setting a new recent low today. There has been no effective rebound on the daily chart, with trading volume remaining sluggish, and the moving averages on the hourly chart are clearly arranged downward, with the standard KDJ trend unchanged.
However, Auntie Tai basically operated weakly throughout Monday. Against the backdrop of Bitcoin not reversing its downward trend, it is extremely difficult to independently surge high. It's better to return to the original intention and firmly maintain a bearish view on Ethereum!
Operation Suggestions
Bitcoin: Range between 109300-109800, target looking towards around 107500
Auntie: Range 4330-4360, target looking towards around 4200 #区块链