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2024.9.13 BTCETH intraday market analysis
Good afternoon, brothers. Finally, it's Friday today. The market didn't continue to fall this week. In this kind of market, Spot can only continue to hold and wait for the funds to flow into the field for pump when interest rates decrease. As long as you don't be greedy, you can eat back and forth in the intraday contract. It just depends on which side you choose. Recently, the income of the contract must be higher than Spot, but don't be too arrogant, always have risk awareness!
BTCETH also mentioned last night that if it stands above 57850 and 2347 on the hourly level, it will continue to go up. It also had a small pullback in the middle of the night. Players who like to enter from the right can take advantage of it!
Today's market analysis:
$BTC BTC is currently pulling back on the 1/2-hour chart. Pay attention to the 57770 level today. As long as it doesn't fall below this level, the longer-term trend is still intact on the 4-hour chart. A minor pullback may occur, but it will continue to rise. Pay attention to the resistance levels near 58400-59100-59800 on the upside!
If the 4-hour level falls below the level of 57770 today, the 4-hour level will begin to pull back, and pay attention to the support levels of 57300-56650-56050 below! #BTC trend analysis
$ETH ETH is currently pulling back on the 1/2 hour chart. Today, pay attention to the 2347 level. As long as it does not fall below this level, the longer trend will still be on the 4-hour chart. There may be a pullback on the smaller time frame, but it will still go up. Pay attention to the resistance levels near 2373-2400-2415 on the upper side!
If the 4-hour level falls below the position of 2347 today, the 4-hour level will start to pullback, and attention should be paid to the support levels near 2314-2275-2245 below.