September 26 BTC/ETH Analysis:

Trump announces major news today, starting on Black Friday?

Last night, the PCE price index was released, and after the number of unemployment claims was revised, labor demand remained at a four-year high, causing the three major stock indices to continue to decline, raising concerns for the Federal Reserve about the risk of interest rate cuts, and cryptocurrency fell across the board! Trump couldn't sit still and spoke: Major announcement today!

BTC
The market has pulled back to the second support level of 1085 as expected. Currently, the market is in a clear downtrend, with moving averages displaying a head and shoulders formation. The RSI is in an oversold state, and there is a demand for a rebound on a smaller time frame during the day. However, the trading volume is decreasing, indicating a high probability of a sideways consolidation. Looking at the daily chart, this wave of correction is not yet complete; it will likely need to test the previous low again at the 1072 level. If it breaks down, it may lose the significant 100,000 level.

Around the range of 1097-1102, defend at 1109, target 1085 breaking down to look at 1072-1063.

ETH
It’s really a catch right now, with a 5-day consecutive decline on the daily chart, and the rebound is completely lacking strength. The current position is at the peak of the previous consolidation area, primarily high, so pay attention to the two levels of 3500-3350.

Focus on the range of 3931-3953, defend 4010, and target 3880 to break down to look at 3825-3722.