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The rebound triggered by news has still been effectively constrained in the range above 4380, and the hourly level has not broken through this position. Additionally, the KDJ indicator in the supplementary chart shows all three lines turning downward at a high level. This evening, pay attention to the resistance range, and maintain a bearish outlook as long as it hasn't broken through.
Ethereum continues to look bearish around 4370 in the evening, targeting 4290, with a stop loss of 40 points! #BTC#
ETH0.92%
BTC2.05%
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AtThisPoint,AllICanvip:
End
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Ether has been sideways for several days on the four-hour level, with both bulls and bears alternating in making a strong push. In the early morning, it tested upwards but did not break the resistance area, failing to escape this consolidation situation, and faced pressure resulting in a slight pullback. This shows that the rebound over the past few days did not break through the 4380 area, which has strong selling pressure, and the overall closing on the four-hour chart shows that the highs are continuously moving lower, with strong support around 4250 below.
Ether: 4306 short, looking down a
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GateUser-e3dab104vip:
Slapped in the face, right?
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Ether has been fluctuating in a range for several days. Looking at the one-hour timeframe, after a second retest of the support near 4280 this morning, there has been a consecutive rise. The indicators show that the MACD has formed a golden cross pattern above the water level, with higher trade volumes for long positions, and the KDJ lines are expanding upwards. Overall, the market data shows that the bullish trend is dominant in the short term. If it can successfully break above the 4380 position during the day, then the short-term bullish momentum is likely to continue.
Intraday strategy: lo
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If there is indeed a one-time reduction of 50 basis points next week, how will the market react?
If it is just normal monetary easing, then it is certainly a positive; but if it is due to a poor economy that forces a reduction, then the market will start to worry about a recession. A recession cannot only be judged by employment data, but also by GDP. The foundation of the U.S. economy is not that weak, and investment and construction cannot be accomplished overnight. There are still good opportunities in the fourth quarter; it depends on whether the market believes it.
My judgment is that the
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Ethereum's current trend is relatively weak compared to BTC. Although it has been rising throughout the day, it has repeatedly formed long upper shadows on the hourly chart. In trading, follow Bitcoin for short positions, and pay attention to the support around 4280.
Ether entry reference: 4344 short, looking down to 4264, defense 40 points #BTC# #ETH#
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TheBigBullIsVeryCoovip:
Ethereum's current trend is relatively weak compared to BTC. Although it has continued to rise during the day, there have been multiple long upper shadows on the hourly level. In trading, follow Bitcoin for short positions, and pay attention to support around 4280 below.
Ether entry reference: short at 4344, looking down at 4264, with a stop loss of 40 points #BTC# #ETH# .
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The Bitcoin rebound last week saw trading volume significantly lower than the falling trading volume of the previous three weeks, and the rebound failed to break through the high point of the previous week's Candlestick, closing back to the middle position of the Candlestick. This indicates that buying pressure remains weak. In addition, the weekly MACD for Bitcoin has clearly shown a death cross, which is also a bearish signal. In the short term, the price is operating around the 112000 level, with a rebound above the middle band on the four-hour chart continuing, but the MACD long positi
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ETH0.92%
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Biren600vip:
It may be better to try a short position between 112300 and 112600.
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The market was overall stable over the weekend, with no significant fluctuations, and investor sentiment is still digesting the Fed's attitude towards a rate cut in September. A rate cut is just one factor; the more critical aspect is the policy response following an economic downturn. Historically, the recession in 2020 lasted only two months, and the S&P 500 recovered its losses within six months and hit a new high in seven months, indicating that a recession does not necessarily lead to a long-term big dump.
From the data, the turnover rate of $BTC has significantly decreased, indicatin
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TRUMP1.77%
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Youvip:
Yes sir your analysis is almost right. traders are in the phase of wait and see.
Ether quickly rebounded after the long wick candle reached the position of 4220 early yesterday morning. Currently, the price is oscillating around 4300 again, and the overall trend is leaning towards a weak consolidation phase. If the price cannot hold above the 4300 level in the afternoon, then a downward retracement will be inevitable.
Ether: 4296 short, target 4196. Defend 44 points. #BTC# #ETH#
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Rise741vip:
Ethereum (ETH) reached a historical price high in August, with ETH touching $4,957 on August 24, accumulating a 240% rise since April. However, in stark contrast to the price surge, its network revenue has significantly declined—according to Token Terminal data, August revenue was only $14.1 million, a big dump of 44% compared to July's $25.6 million, sparking intense discussions in the market about the sustainability of Ethereum's profit model.
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Last night's data shook the market upside down again. The non-farm payrolls for August were only 22,000, while the expectation was 75,000, a significant gap. The June data was revised to a negative number, changing from +27,000 to -13,000, and the unemployment rate also rose from 4.2% to 4.3%.
I haven't seen such data for a few years. I was a bit confused last night; it seems like a 50 basis point cut is on the way, indicating that the economy is quite weak and the expectations for a pullback are strong. The recession I mentioned earlier is not priced in, and the probability of interes
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IN4.1%
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The reason for the fall of Bitcoin last night.
1. The main reason is that the released data is too poor, indicating a risk of economic recession.
2. U.S. stocks fell across the board, leading to a decline in the coin market.
3. Bitcoin spot ETF has experienced net outflows for two consecutive days, totaling $330 million.
4. Gold has reached a new historical high, causing a bloodbath in the coin circle, for example, El Salvador bought 50 million USD worth of gold yesterday.
#BTC# #ETH#
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TaipeiInternationalvip:
Ether, how's the market looking today?
The current decline starting from the historical peak of 124k is actually triggered by Bessen's statement on August 13 regarding a 50BP interest rate cut, so tonight's data is actually continuing to strengthen the possibility of a 50BP interest rate cut in September.
This means that the market will continue to oscillate between "liquidity benefits" and "recession concerns":
The US stock market may temporarily choose to trade based on favorable liquidity (new high logic).
US Treasury yields continue to fall.
Gold remains strong.
The preference for Bitcoin/crypto assets depends on which
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OneBagADayAndThevip:
The content keeps getting eaten.
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The non-farm data has been released, showing that the number of jobs created is only 22,000, which is not only significantly lower than the previous value and expectations but also the lowest labor force growth data in the last five years, except for October 2024. In simple terms, the U.S. labor market is really not doing well, and economic issues are starting to emerge.
The unemployment rate has risen to 4.3%. Although historically this is not very high, it has increased by 0.9% in the past year, which is also a concern for the Federal Reserve. The market is now fully expecting the Fed to cut
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AtThisPoint,IFeelMostvip:
Just go for it💪
A one-minute long positions trend, Ether is still blocked at the 4490 position, the high point did not give a timely alert, but currently there is also a 70-point gain, let's reduce some positions first and see the target location! Move the entry price #BTC# #ETH#
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JintuFuluvip:
🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹
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ETH / Altcoin traders, get ready! Tonight's US Non-farm Payrolls (NFP) data may likely lead to a breakout with ETH and the ETH/BTC exchange rate.
Tonight's non-farm payrolls won't be too bad; in fact, it can even be said to be tailored for this month's interest rate cut (otherwise the Bureau of Labor Statistics will have to change personnel again). After 8:30, the discussion will no longer be about whether there will be a rate cut, but rather whether it will be a 25bp or 50bp cut. Directly cutting by 50bp is what Trump is demanding.
After a week of fluctuations, ETH's ampli
ETH0.92%
BTC2.05%
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众晖呀vip:
Why did it still fall despite the favourable information?
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Ether slightly pumped to around 4400 in the afternoon, with short-term prices oscillating and adjusting around this level. It is expected that after the accumulation phase, it will continue to break upwards. In the evening, pay attention to the resistance level around 4490. If it receives favourable information from the non-farm payrolls, there is a high probability that it will break this support and continue to extend upward.
Ether: 4381 long, target 4501, defend 41 points #BTC# #ETH#
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Ether Rebound is approaching the 70-point range. For those who are following, you can take profit now! #BTC# #ETH#
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ArjunMagarvip:
HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT HODL TIGHT
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Ether has currently broken through the middle band resistance line of the Bollinger Bands on the hourly level. The recent pullback hasn't given much. If the hourly close can successfully stand above the middle band position of the Bollinger Bands, then the bullish outlook for the afternoon remains unchanged.
Ether reference: 4324 direct long position, looking up at 4424, defending 40 points. #BTC# #ETH#
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GateUser-20e091c8vip:
jshdhcbcbchjchdhdhdhdjdhhdhdhdhdhdh
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Ethereum dropped to around 4363 early in the morning, then closed with a bottoming doji, indicating a stop to the decline and a rebound. Similarly, yesterday's pullback hit the historical support level. Currently, from a one-hour perspective, Ether is facing a challenge from the Bollinger Bands indicator. If it can stabilize above this moving average today, there is still a chance for a rebound before the US Non-farm Payrolls (NFP) data is released. Of course, the most important factor is today's NFP data. It is best if it is close to expectations (a slight deviation that is in line wi
ETH0.92%
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ComeOnEveryDayvip:
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Great trades are forged through endurance. In real trading, most people have the desire to make a billion but only the patience of a day. Excellent traders are destined to endure more loneliness, setbacks, and pain. With the same intelligence and environment, what ultimately matters is endurance and tenacity.
A broad mind makes everything small, while a narrow mind makes everything large.
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