Analysis on the evening of September 3rd



From the market perspective, the Bitcoin daily chart has closed with two consecutive bullish candles, and the K-line body is gradually expanding, indicating that the bullish momentum is continuing to strengthen. The current short-term trend is leaning bullish, but it needs to face the strong resistance formed by previous highs in the range of 112000-113000.

Xiangzi believes that if it can successfully stabilize within this range, there is a high probability of opening up new upward space; conversely, it may return to range oscillation. The evening strategy still focuses on buying on the pullback, and it is necessary to pay close attention to the breakthrough of key resistance levels before adjusting subsequent operational strategies.

Operation Suggestions

Long in the range of 110800-111300, aiming for around 112000-112300.

Long in the 4330-4340 range for Ethereum, targeting around 4380-4400 near $BTC $ETH
BTC0.4%
ETH0.79%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)