Xiaoyao KOL: Bitcoin and Ethereum afternoon market analysis 9.12

The current daily level of Bitcoin shows that the price of Bitcoin has been rising continuously, forming multiple positive lines. The K-line on September 10 and 11 is a high-level oscillation pattern after a sharp rise. It is currently in a small correction state. At the 4-hour level, the price of Bitcoin has been consolidating around 115,000 in the short term. The previous high point of 116,331 constitutes obvious pressure. The 4-hour MACD histogram continues to be red, but the momentum has weakened. The fast and slow lines continue to diverge upward, indicating that the trend is strong but may face adjustments. The RSI value is around 68, close to the overbought range. It is necessary to pay attention to whether it has entered the risk of callback after overbought. EMA7, 30, and 120 moving averages are in a bullish arrangement. The currency price is currently running above EMA7. The short-term support level can refer to EMA7. If it falls below, pay attention to EMA30. It is recommended to enter the market at a high level in the evening. It is recommended to enter the market around 115600 to 116200 for Bitcoin, with a target around 114000. Enter the market around 4560 to 4600 for Ethereum, with a target around 4450. The shipping situation is changing all the time, and the article is timely. Friends who enter the market with Gendan mainly follow real-time guidance.