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Yueying: Bitcoin and Ethereum Market Analysis for September 30th: Did Bitcoin's strong rally completely reverse? Is support at 4100 expected to continue?

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Technical Analysis of Big Cake: The daily chart shows another bullish candlestick formation. The intraday market opened higher, testing a slight pullback. The Bollinger Bands remain flat, with the short-term moving average turning upward. The MACD fast and slow lines are turning upward, with shrinking volume bars. The KDJ crossover is extending upward, and the VR indicator is consolidating near 100. The 4-hour chart shows a volatile upward trend. After a series of positive days, the market is once again consolidating near today's high. The Bollinger Bands are opening, with the short-term moving average trending upward. The MACD fast and slow lines have broken through the 0 axis, with shrinking volume bars. The KDJ crossover is once again blocked, turning downward, and the VR indicator is consolidating near 160. Overall, the market has broken through previous resistance and is trading above the 60-day moving average and EMA200 in the 4-hour chart. Short-term support in this area is worth watching. The daily chart shows signs of a W-shaped candlestick pattern, with resistance around the neckline. Short-term support is expected above 112,500, while resistance is expected below 117,000. Here's a short-term recommendation. Bitcoin short-term recommendations: short at 116,200, long at 113,200 (profits are discretionary upon activation of the strategy). Bitcoin is currently testing previous resistance around 4200, with a slightly weaker rebound than Bitcoin. The daily chart hasn't broken through the 60-day moving average and the middle moving average. For now, focus on resistance there. Focus on support around the 60-day and 7-day moving averages in the 4-hour chart. If this breaks, focus on support above 4050. See short-term recommendations. My short-term recommendations: short at 4280 (short at 4360), long at 4150 (long at 4088) (For more currency analysis, click on the image to view my homepage profile). — I'm Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, please come and discuss with me! Let's share and profit together!
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