Today is October 1st, I wish you all a happy National Day!

The monthly line of the big pie closed with a bullish positive line. I am firmly bullish in October for two reasons:

1. A half-year clean-up is enough in terms of time period.

2. When the Federal Reserve cuts interest rates, money will slowly flow into the cryptocurrency market, causing the price of the currency to rise.

The weekly level has three consecutive positive days. This week will be mainly volatile. It stepped back to the B line price of the bottom pattern at 62700, and the market will start again after the holiday. MACD is about to turn around and cross, and this market may continue until January and February next year.

The daily level ant channel is open. It is normal to step back at present. After rising so much, is it not allowed to have a small correction? After the correction, it will continue to rise.

The four-hour short-term support is around 62,700. If it fails to hold, it will go to 61,800. The pressure is around 64,800.

Summary: The overall trend in the fourth quarter is upward, with short-term adjustments as the main focus. After the adjustments, it will continue to rise. In October, it will break through the historical high of US$73,777 and will head towards US$100,000 in the first quarter of next year. Hold on to it and you will see the results soon!

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ok

As spot Ethereum ETFs continue to gain traction, Ondo Finance is poised for a comeback. Experts believe that ONDO’s unique features and strategic positioning in the DeFi space will allow it to benefit greatly from the increased demand for ETH tokens. If this trend continues, ONDO may soon break through the $1 mark, bringing rich returns to investors who act quickly.

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PEOPLE

PEOPLE Although the recent price trend is very similar, as a representative of MEME coins, it has attracted a large number of investors with its unique community culture and strong support base.

Although it brings high risks, it also brings high-yield opportunities. For investors who dare to take risks, PEOPLE is a project worth paying attention to. The first goal of 0.07 has been reached, the second goal of 0.1 bull market, and the ultimate goal of 1 US dollar. The mission must be achieved. The popularity of people election coins is very high, and there is a high probability that the third wave will begin!

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AVAX

Avalanche’s native token AVAX rose 8% to $28.72. It is approaching a major resistance level of $28.66. If the coin breaks through this resistance, the price could rise to $55.07. However, if the resistance holds, the price could fall back to $17.33.

AVAX’s Balance of Power (BoP) currently indicates buyer strength with a score of 0.64, suggesting that an upside breakout could occur soon.

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XRP

Although Ripple continues to sell large amounts of XRP from its inventory, such as 350 million XRP sold in September, which triggered a short-term negative reaction in the market, XRP has shown strong resilience in severe market conditions. Currently, the price of XRP is $0.6285, up 2.29% in the past 24 hours and 6.12% in a week. This upward trend has made some analysts optimistic about it, especially under the prediction of the "altcoin season", the possibility of XRP's rise has increased further.

XRP has gained 21% over the past year and is currently trading above its 200-day simple moving average, which is a positive technical indicator. Moreover, XRP has had 17 up days in the past 30 days, accounting for 57% of the month. Its high liquidity also supports its stability in the market. Investors are closely watching XRP for potential breakout signals.

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BNB

BNB has been very popular since its launch and its value continues to increase. BNB Chain aims to attract the next billion users and bridge the gap between Web2 and Web3. It focuses on stablecoins and implements multiple initiatives to encourage their use, including a total value locked incentive program and integrating stablecoins into the DeFi ecosystem.

BNB Chain has also launched a no-gas campaign to reduce transaction costs and has partnered with payment gateways to make stablecoins usable for real-world transactions. The BNB token is currently trading at $578.4, with a bullish market sentiment and a fear and greed index of 63.

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