【2024.10.9 Analysis of the intraday market of Bitcoin and Ethereum】

Good afternoon, brothers. Yesterday, the whole group was discussing A-shares. Why are we discussing coins again today? In just one hour after the opening, some people were listed on the Science and Technology Innovation Board, and some were listed on the Credit Bureau

Retail investors just opened an account yesterday, and today, they just deposited funds and the stock price fell to the limit. Is this a reverse drive to pick everyone up? Is the bull market of A-shares over for a week?

Whether it is the cryptocurrency circle or the stock market, if new investors want to make money, they have to run fast and leave before the bubble bursts. It is impossible for everyone to prosper together in the financial market. Every penny you earn is lost by others. The opportunities you think are set up by others for you to see. When you are fomo, think calmly about how many opportunities you have missed in your life.

Today's market analysis:

$BTC Bitcoin is still trading sideways at the 4-hour level. From the daily line, it wants to go up but it was smashed down in the end. So today, continue to pay attention to the top and bottom of the sideways zone.

Bitcoin pays attention to the position of 62640. Only when the 4-hour level stands above this position, it will go out of the 4-hour level of the sideways zone pressure level, and the market will continue to go up. Pay attention to the upper target/pressure level near 63174-63890-64455

If the pressure level of the sideways trading zone cannot be broken today, the support level of the sideways trading zone below should pay attention to 61850. As long as it does not fall below this level, the 4-hour level will continue to fluctuate in the range, and the small level will rebound. If it falls below this bottom support, pay attention to 61160-60560-59900. #BTC走势分析

$ETH Ethereum rose to the first pressure level given last night at a small level at night and now it has returned to the sideways trading at the 4-hour level. From a small level, it is oscillating upward

Pay attention to the position of 2440 today. Only when the 1/2/4-hour level stands above this position, the market will rebound upward. Pay attention to the upper target/pressure level near 2474-2495-2512

If it cannot stand at 2440 today, it means that the rebound is not strong. Pay attention to the bottom support of the sideways zone of 2400. If it stabilizes at a small level, it will rebound. If it falls below this bottom support, pay attention to the positions around 2380-2351-2330. #ETH走势分析

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