Yueying: Bitcoin and Ethereum market analysis for September 14th: Strong rise followed by expected fluctuations

Technical Analysis of Big Pancake: The daily chart shows a bullish candlestick pattern, breaking through the upper band and the 60-day moving average. The market opened intraday in a range between the upper band and the 60-day moving average. The Bollinger Bands were slightly open, and the short-term moving average turned upward. The MACD fast and slow lines crossed upward, and the volume bar continued to increase. The KDJ indicator encountered resistance and turned downward, and the VR indicator consolidated near 90. In the 4-hour chart, the market fluctuated upward along the 7-day moving average, but encountered resistance near the upper band and retreated back to the 7-day moving average. The upward movement of the Bollinger Bands showed signs of narrowing, and the volume bar turned downward, the KDJ indicator crossed again, and the VR indicator consolidated near 120. Overall, the weekend market is in a short-term period of volatile adjustment. Although the daily chart broke through the 60-day moving average, it remains to be seen whether it can stabilize. The 4-hour chart shows signs of volume-price divergence. In the short term, the market is expected to fluctuate within a range. Focus on the previous high on the upside and the support above 114,000 on the downside. Short-term recommendations are available. Bitcoin short-term recommendation: long 115,000, short 116,400 (profits are discretionary upon activation). Last night's gains were somewhat unexpected. The daily candlestick chart is oscillating above its upper limit. The Bollinger Bands are flat, but the 4-hour Bollinger Bands are open and the moving average is bullish. Short-term strength is expected to continue. Follow Bitcoin on Saturday and expect range-bound trading. Focus on resistance around 4800 on the upside and support above 4600 on the downside. Here's my short-term recommendation: long 4668, short 4785 (for more currency analysis, click on the image to see my profile on the homepage). — 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!