The coin price in the afternoon can be seen to have this rising trend. The level given by Lao Wang at midday has not effectively retested. It seems that this 110000 level has stabilized after the midday fluctuations. ETH also synchronized with the take profit target given to Lao Wang in the morning. In the afternoon, there was a brief break below 4400, but it has been oscillating near this level. However, the long positions momentum still looks quite strong. If it can continue, both BTC's 111000 level and ETH's 4450 level are achievable.

From the perspective of K-lines and technical analysis, the coin prices are basically on an upward trend. Both the hourly and 4-hour K-lines are running closely along the upper Bollinger band, and on the 8-hour chart, the coin price has successfully broken through the middle Bollinger band at the 110000 level. The signals given by the technical analysis indicate a trend of long positions pushing upward. However, the magnitude of this upward movement is not very strong, and the resistance levels above are not very solid. Yet, the coin price is struggling to make a noticeable, effective, and rapid breakthrough. In the afternoon, Lao Wang has been holding on for quite a while, and everyone needs to be cautious about this evening's time point. According to the trend of long positions, Lao Wang believes there will be a downward movement in the evening to allow the long positions to recharge.

Operation suggestion:
Buy Bitcoin in the range of 109700-110200, target 111500, stop loss at 109000.
Buy Ethereum at 4340-4370, look for 4450, take profit at 4290.

If there is no trend, do not position; do not open a position without a take profit!
Everyone pay attention to take profits in a timely manner! #Gate 新上线 WLFI #九月份加密市场能否突破 #今日你看涨还是看跌？ #Gate重磅上线GUSD #Gate Alpha空投XLAB