Tuesday, October 8, morning thoughts on Bitcoin and Ethereum

Good morning, friends. The 7-day National Day holiday has ended successfully. Next, we have to get back on track. I wish you all good luck! After Bitcoin hit the 64,500 line yesterday, it has been slowly falling in the future. As of now, the lowest price has reached 62,100. In the short term, the short position has a certain dominance, but from a general point of view, the main structure is still running around the long position.

From the 4-hour chart, the K-line broke through the upper track and then fell back. After going down to the middle track, it stopped here. In the short term, the middle track has strong support. At the same time, the bottoming momentum in the short term has basically ended. Then we will see the rebound after the bottoming. In the short-term, the upward channel remains unchanged, and the trend is accompanied by a step-by-step upward repair. Under this rhythm, there is a certain continuity above. The short-term callback is just a repair, not a structural transformation, so the operation can be long!

Morning suggestions

Bitcoin is mostly in the 62400-62000 area, look at 64000-64500

Ether is mostly in the 2415-2390 area, look at the 2500 area

Don't wait until your bullets are exhausted before you think of asking for help, cherish every opportunity! Always here, everyone understands! $BTC $ETH $BNB #HBO纪录片或揭示中本聪身份 #非农人数大幅升温 #加密市场反弹 #大A香还是大饼香