After the market rebounded in September, the market cooled down in the first week of October, but many people are still optimistic about the future market. The US election and interest rate cuts in November will bring new market conditions. Now is indeed a good time to make a layout. I plan to make a layout in some potential coins in the next few days to help you make some money. Add V: FaC8989889 and pay attention to the next welfare! ! !
BTC
The market is still in a downward trend. From the 4-hour K-line chart, we can see that the support line has been broken. The last decline was also tested many times at this position. That is to say, 60,000 points is a very critical point. This wave of correction has basically stabilized in the short term (it has not fallen below for more than a day). That is to say, there may be a rebound in the short term. Currently, it is seen between 62,900 and 63,400. After reaching this range, there may be another correction. If it falls below 60,000 points in the short term, then we need to pay attention to the position of 57,000-55,000. In terms of operation, we can arrange a light position around 60,500, with the target of 62,900.
ETH
Ethereum's trend is relatively weak. This wave of decline did not fall below 2300 points. The current estimated point is 2450-2500. Of course, considering that the rebound is relatively weak, reaching 2400 is already remarkable. If it is reached, you can arrange some short orders appropriately and stop profit at 2300-2350. Please control the risk. Welcome to communicate about the market together.
Today’s analysis ends here temporarily. In the future, I will add analysis of popular and potential altcoins to tap into the 2024 crypto bull market! !
$BTC
