Liying Talks Crypto: Latest Market Analysis for Bitcoin (BTC) and Ethereum (ETH) on September 12
Everyone! Bitcoin is currently priced at 78,700, starting to rebound. But don't rush in yet—the price is caught between several moving averages and the direction isn't fully clear. Technical indicators show the EMA system is tangled, with EMA7 and EMA30 almost overlapping, indicating short- and medium-term costs are aligning and a major move is imminent. The price is now above EMA120, which is a positive medium-term signal. The MACD DIF line is showing signs of crossing above DEA, indicating bearish momentum is fading while bulls are building strength. Regarding the Bollinger Bands, the price has already broken through the middle band at 77,564, and is testing the upper band resistance at 78,963. If it can stably hold the middle band and break through the upper band, it will confirm the continuation of the rebound trend.
Short-term strategy reference:
It is recommended to use a “pyramiding entry + scaling in” strategy for long positions
Open an initial position at 78,700 with 20% allocation; if it pulls back to 77,800-78,000 and holds, add 30%. Set stop loss at 75,800.
Three target levels: 79,500; 80,500; 82,000. After hitting the first target, move the stop loss up to the entry price.
The core of swing trading is letting profits run; as long as the trend continues, hold firmly.
Ethereum
Everyone! Ethereum is currently at 2,610. Previously, it was stuck in the 2,400–2,500 range for nearly two weeks, and many people lost patience and sold early. Today, however, a strong bullish candle shot up to 2,612, catching the bears off guard. Such a sudden surge often signals the start of a major move—it could be a real breakout to new highs, or a bull trap before a sharp pullback. At this point, chasing the rally might leave you stuck, while shorting risks missing out—definitely a dilemma. But opportunities often arise amid disagreements; the key is to understand the big players’ intentions instead of being misled by superficial price moves. Next, let's break down the technical indicators to see if this rally is reliable and provide some actionable entry points—whether you're looking to ride the trend or to catch the top, you'll find a fitting strategy. Overall, the technical picture supports further upside, but high-level volatility is possible.
Short-term levels to watch
Focus mainly on buying the dips, and consider shorting as a supplement. For longs, scale in near 2,500-2,520 or 2,480, stop loss at 2,460, targets 2,650-2,700. For shorts, only try if there is resistance at 2,650-2,680 and a clear bearish divergence appears; stop loss at 2,700, target 2,550.
The above content is exclusively created by Liying; please cite the source if you republish! Article publication may be delayed and market conditions can change rapidly—the above suggestions are for reference only; act at your own risk.
