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Market Analysis and Trading Recommendations for September 1st

2026-09-01 11:06:36
Shareshare
Follow my trades (see my profile QQ number) and join me on the same platform for high returns. Macroeconomic background: The Strait of Hormuz conflict pushed Brent crude oil to $91, US Treasury yields rose to 478%, and the probability of a Fed rate hike in September increased to 64%. Combined with expectations of a Japanese rate hike, risk assets were under pressure. Bitcoin traded in the $77,200-$79,200 range during the Asian session on September 1st, while Ethereum returned to $2,474. Bitcoin (BTC) · Key levels: Resistance 79200 / 80000, Support 77800 / 77200 / 76400 · Long: Try buying on a pullback to 77800-77500 with a target of 78800-79200, stop loss below 77200 · Short: Try selling on a rebound to 79000-79200 with a target of 78100-77800, stop loss above 80000 · Breakout: If the 4-hour chart shows a valid break below 77200, short, target 76400-76000 Ethereum (ETH) · Key levels: Resistance 2500 / 2540, Support 2420 / 2370 / 2320 · Long positions: Consider buying on a pullback to 2420-2430 if it stabilizes, with a target of 2480-2500. Stop loss if it falls below 2370. Short positions: Consider selling on a rebound to 2500-2520 if it encounters resistance, with a target of 2440-2420. Stop loss if it breaks above 2560. Breakout: If it breaks below 2370 on the 4-hour chart, consider shorting, with a target of 2320-2280. Risk warning: Friday's non-farm payroll data is a key variable. Strong data will strengthen expectations of an interest rate hike, and Bitcoin may retest $77,200. The geopolitical situation is highly uncertain, and Iran's subsequent reaction is difficult to predict. Any sudden news could trigger sharp fluctuations. Strict stop-loss orders and position control are essential; avoid chasing highs and lows.
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