From the 1-hour chart, although the Bitcoin price has strengthened its short-term momentum, the trend direction remains unclear. The price is close to the resistance level but lacks volume support, which may lead to a pullback after a rise. Currently, it is in a low volatility range oscillating state, with technical indicators showing a slight increase in short-term momentum, the price is above the short-term moving average and has formed a bullish engulfing pattern, but the trading volume is extremely low, constituting a high-risk signal of divergence between price and volume. Additionally, the entanglement of moving averages further indicates that the market trend is unclear, and attention should be paid to the breakthrough of the key resistance level of 112500.
Looking at Ethereum from the daily chart, the recent price has been oscillating and consolidating within the range of 4270-4500, with a long upper shadow high point of 4490 appearing on September 5, indicating heavy selling pressure above. From the 4-hour chart, the Ethereum price has formed a slight rebound, but overall it is still in the correction phase of a downward trend, with the highs gradually declining. MACD is positioned below the zero axis, although there are signs of a golden cross, the strength is limited, indicating that the bearish forces have not completely receded. The trading volume has increased, but it has not broken through the key resistance level, and the capital inflow is insufficient to drive a strong rise.
Operational suggestion: Buy Bitcoin around 110000-110500, target looking at 112500, if broken, look at around 113000-113500. #美国当周失业金人数

