BTC Pullback Warnings as USDJPY Surpasses Critical Level
Bitcoin (BTC) has shown early signs of a potential pullback, according to Aaron Dishner's assessment on September 8. This comes as USDJPY has already surpassed its critical level of 155.025, triggering a bearish cascade with momentum accelerating.
The TBO Resistance for BTC moved down from $81,788 to $80,443, and a daily close above this updated level would indicate a robust continuation pattern. However, rejection at this level could lead to lower prices.
Ethereum (ETH) remains constructive without any early pullback warning on the 4-hour timeframe. In contrast, ETH lacks any early pullback warning on the 4-hour timeframe like BTC does.
USDJPY's next target zone is TBO Support along with a two-low cluster near 152. The daily TBO Breakdown for USDJPY emerged quite late after the decline, making this region better viewed as a probable rebound area rather than continuous losses.