9.16 Bitcoin and Ethereum Strategy:

The market as a whole fell into a narrow range of fluctuations in the early morning, with Bitcoin rising to 115527 before facing downward pressure, and Ethereum climbing to 4528 before encountering resistance and pulling back. Both failed to break through the key resistance levels.

​Currently, both bulls and bears are engaged in a fierce tug-of-war around this range, with the price fluctuation space continuing to narrow, overall in a stage of consolidation and accumulation, requiring attention to the breakout of the range.

​Trading Suggestions:

Bitcoin can be positioned for long in the range of 114500-115000, targeting 116500, and breaking through looking at 118000, with a stop loss at 113800.

​Ethereum can be positioned for long in the range of 4480-45320, targeting around 4580, with a stop loss at 4445. #Bitcoin Market#