Yueying: Bitcoin and Ethereum Market Analysis for September 10th - High-Level Consolidation Nearing its End, Turning Point Imminent (with Short-Term Strategy)

The short position on Bitcoin at the current price of 79300, as mentioned above, has yielded a profit of over 1600 dollars. Looking at the daily chart, the previous candlestick closed as a doji, indicating renewed downward pressure. Intraday trading is expected to continue the weak, volatile consolidation. The Bollinger Bands are flat, short-term moving averages are turning downwards, the MACD fast and slow lines are trending downwards with increasing volume, the KDJ is extending downwards; watch for support near the zero line. The VR indicator is consolidating around 160. On the four-hour chart, the price is oscillating narrowly around 78000, currently trading above the lower Bollinger Band. The Bollinger Bands are narrowing downwards, short-term moving averages are trending downwards, the MACD fast and slow lines are extending downwards with the volume bars fluctuating between increasing and decreasing, the KDJ is crossing downwards; watch for support near the zero line. The VR indicator is consolidating around 70. Overall, the market is still in a consolidation and pullback structure, but short-term support has not yet been tested. It's fluctuating within a small range, and the structure hasn't changed, so the strategy remains the same: wait for a market reversal before adjusting the strategy. In the short term, continue to focus on selling rallies, with resistance around 79500. See short-term suggestions below. Bitcoin short-term suggestion: Short at 78900. (Take profits as needed after strategy activation). Ethereum's trading range is even smaller, and the pullback is also smaller than Bitcoin's. Yesterday's short position at the current price only had a small range of a few dozen dollars. The strategy remains the same: continue to monitor resistance. Overall, the technical analysis is linked to Bitcoin. See short-term suggestions below. Ethereum short-term suggestion: Short at 2507. (Take profits as needed after strategy activation). —I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!