Analysis of Bitcoin and Ethereum Market on October 18: Today’s Highlights of BTC and ETH

Market Review

Yesterday, BTC slightly pulled back and technically repaired, which was in line with expectations. The current daily trend remains strong, and the 4-hour downward momentum has begun to weaken. It is expected to continue to rise during the day. Pay attention to the resistance of 68,500. The weekly level golden cross will go further. When the weekly golden cross is formed, it is the signal of the start of the bull market. The two cakes rose synchronously with BTC yesterday. Jianzang keeps holding and continues to be bullish in the future. The target range of 2800-3000 remains unchanged. SATS can continue to hold, and liquidation can be considered around 50. PE OPLE mid-term holding can continue to wait, FTM maintains holding

Today's highlights

BTC: 1-hour, 4-hour level is higher than the healthy level, the daily level is higher than the healthy level, it is expected to continue to rise during the day, there is a hidden position, the expectation of the big cycle has not weakened, the lower support of the day is 66500-67000, the upper resistance is 68500-69000

ETH: 1-hour, 4-hour level is higher than the healthy level, the daily level is higher than the healthy level, it is expected to continue to rise during the day, there is a hidden position, the upper resistance of the day is 2670-2720, the lower support of the day is 2550-2580