2024.10.17.BTC.ETH.Daily Market Analysis

Good afternoon, brothers. The price of Bitcoin is not volatile. I got up at noon and took a look. The daily line did not close above 68,000, which means that the market will go through a correction. At present, the small level is going through a correction in one hour and two hours.

The price of 67,262 at this time is just stepping on the four-hour level support. It depends on whether the two four-hour closing lines from 16:00 in the afternoon to 20:00 in the evening can fall below the price of 67,262. If it falls below, it will go through a four-hour level correction.

The lower correction support: 66720.66041. If it falls below these two levels, look at 65378.64600.

Don't rush to make a long order if the four-hour closing line does not fall below 67,262. You must wait for the one-hour and two-hour correction to be completed, that is, the closing line breaks 67675. The market will continue to explore the two positions of 68400.69300.

Sideways Zhendan market, no orders can be made, those who have short orders at high levels can temporarily hold them to see if the four-hour price can break through,

Daily order ideas: short short, rebound near 67500, stop loss 68000, steady type: pay attention to near 68400.69300, close and break manually exit,

ETH

The auntie is currently starting to strengthen in the four-hour period, and has been sideways above the four-hour support. As long as it does not fall below 2612, the auntie will go for a four-hour level of rebound, target: 2652.2690. If the four-hour closing line falls below 2612, the rise will end, and the four-hour level will be adjusted. The lower support is around 2589.2562.2538.

For auntie's multiple orders, refer to the big cake. At least wait for the big cake to close at 67675 before making auntie's multiple orders. The two market trends are different, so the big cake trend is the main one. #BTC☀ #ETH🔥🔥🔥🔥