Analyst Liang Qiu: 9.15 Bitcoin and Ethereum fluctuated at high levels and the overall short-term trend was strong

Bitcoin and Ethereum have been trending strongly since their surge, with relatively minimal pullbacks. Last night, they retreated to levels around 114,800 and 4,580 before rebounding. The 4,630 to 4,650 range we targeted last night offers limited room for short positions. Following the rally, the pullback was minimal, and the upward trend suggests support is likely to re-establish. Bitcoin is currently experiencing a relatively balanced market, with prices fluctuating between 115,000 and 116,500, forming a consolidation pattern at a high level. While Bitcoin's technical indicators show a bullish trend on the daily chart, trading volume has significantly decreased, indicating insufficient market momentum and a lack of clear short-term direction. The 2-hour chart shows consecutive negative closes, weakening MACD momentum, suggesting a bearish short-term trend. The daily MACD remains bullish, but a death cross signal has emerged, emphasizing the risk of a sudden market move. Bitcoin is also experiencing range-bound trading, with prices retreating to key support around 4,550. Technical indicators show a bullish trend, with support levels showing a bullish pattern. However, trading volume remains sluggish, and market participation remains weak, making a significant breakthrough difficult. Trading recommendations include Bitcoin near 115,000 to 115,500, with a target near 117,500; and Ethereum near 4,570 to 4,600, with a target near 4,700. The recent continuous profit-making from long-term positions is clearly evident to many who follow the market. The current market is primarily characterized by fluctuations, so this article is effective and focuses on real-time guidance.