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#GateLayerOfficiallyLaunches
Analyst Liang Qiu | 9.26 BTC & ETH Evening Outlook
The market is full of opportunities — but every opportunity carries risk. In recent days, both Bitcoin and Ethereum have shown repeated attempts to rebound, only to face selling pressure.
🔹 Today’s moves:
BTC spiked to 109,800 before pulling back.
ETH surged to 3,980 before retracing.
This reflects consolidation after yesterday’s sharp decline.
📊 Technical View:
Daily K-line shows consecutive bearish candles → clear downtrend.
4H charts show multiple long upper shadows + strong bearish candles → selling pressure heavy.
Indicators: DIF & DEA remain below zero, widening divergence → bearish momentum dominant.
⚖️ Expectation:
After last night’s sharp drop, some pressure has been released. Short-term, a weak rebound or sideways consolidation may play out over the weekend.
💡 Evening Trading Plan:
Short BTC near 119,200 – 119,700, target 117,600.
Short ETH near 3,950 – 3,980, target 3,870.
Stay alert — fluctuations remain choppy, so manage risk carefully.
#BTC #ETH #GateLayer #CryptoAnalysis