[2024.9.11 BTCETH Intraday Market Analysis]

Good afternoon, brothers. There are two major events today: the presidential debate between Trump and Harris, which candidate do you favor more?
The second thing is the CPI data at 8.30 in the evening, which will affect the Fed's interest rate cut decision on the 18th. At that time, the market data is estimated to fluctuate greatly. It is recommended to mainly observe and avoid trading based on the news!
Today's market analysis:
$BTC Pay attention to the support at the bottom of the 4-hour sideways area at 56350 today. As long as it does not fall below this position, the 4-hour level will continue to oscillate widely. Above, pay attention to the position of 57085 first. As long as this position is held, the small pullback of this wave will end and the market will start to rise. Pay attention to the positions near the 57630-58140-59100 resistance levels above!
If the 4-hour level closes below the 56350 level and fails to rebound, the market will go down. Pay attention to the support levels around 55885-55120-54500 below!
$ETH Today, pay attention to the bottom support of the 4-hour sideways range at 2322. As long as this position is not broken, the 4-hour timeframe will continue to oscillate widely. On the upside, first watch out for the level at 2354. As long as this level is held, the minor pullback will end and the market will start to rise. Pay attention to the resistance levels around 2388-2408-2450 on the upside!
If the 4-hour closing price falls below the 2322 level and fails to rebound, the market will go down. Pay attention to the support levels around 2283-2245-2208 below!