【2024.9.4 BTCETH Intraday Market Analysis】

Good afternoon, brothers. Today is a memorable day. Thinking back to this day in 2017, it was my first experience of a major policy change in the industry. A red-headed document caused me to sell hundreds of BTC. If someone had encouraged me to hold on and not get whipsawed out of positions, I wouldn't have suffered such losses. Alas, one can only make money within their cognitive limits!
BTC fell so much overnight, many people say it was affected by the US stock market. I want to say that yesterday's midday market analysis clearly stated that this was just a rebound. Around 7 o'clock in the evening, I talked about KDJ turning downwards in the small family, and at that time, the US stock market had not yet opened, right?
Today's market analysis:
$BTC BTC has experienced a significant decline, currently Sideways on the hourly level, pay attention to the resistance levels near 57040-57395-57745 for today's Rebound!
Continue to pay attention to the support levels around 56110-55555-54940 below for further decline! #BTC trend analysis
$ETH ETH has experienced a significant downturn, currently sideways on the hourly level, pay attention to the 2395-2415-2440 area for rebounding above the resistance level today!
Continue to pay attention to the support levels around 2338-2305-2266 below the continued decline!