[2024.10.2 Analysis of Bitcoin and Ethereum intraday market]
Dear Nasdaq traders, how are you? The first day of October started with a blow. Yesterday, Bitcoin fell 6.5 points intraday, and fell about 10 points in the past two days. Those bloggers who said that October rose sharply hope that you will be honest.
Bitcoin has fallen 10 points in the past two days, and many brothers are uncomfortable again. They just finished shorting and took long positions a few days ago. This wave of rise started from September 7th and rose to September 27th. It fell back once in the middle. Many brothers are paralyzed by this wave of continuous rise.
There are a few times every month when the intraday decline is more than 5 points. We should have some knowledge in our hearts. If we don’t take preventive measures, we will not be prepared to resist risks when risks come at any time!
At 1:00 last night, Bitcoin reached the second support level of 61100 and rebounded to 62435, then fell to the third support level again, giving 60310, and the lowest pin was 60128. Those who did not get on the second support level got on the third support level, and now there are more than 2 points of rebound profit!
Ethereum broke through the first support level of 2462 at night and rebounded to 2519, then fell below the second support level again, giving 2420, and the lowest pin was 2412. Those who did not get on the first support level got on the second support level, and now there are more than 2 points of rebound profit!
The public points every day, whether support or pressure, are basically reached. Isn’t this free point more accurate than those given by the paid teachers?
Today's market analysis:
$BTC Bitcoin is currently rebounding at the 1-hour level. As long as it does not fall below 61280 today, the 1-hour level will continue to rebound. Pay attention to the upper pressure levels of 62116-62700-63200!
If the 1-hour level falls below 61280 today and fails to close at this level again, then this wave of 1-hour rebound failure will turn bearish. Pay attention to the lower support levels of 60170-59300-58310! #BTC走势分析
$ETH Ethereum is currently rebounding at the 1-hour level. As long as it does not fall below 2471 today, the 1-hour level will continue to rebound. Pay attention to the upper pressure levels of 2520-2555-2603!
If the 1-hour level falls below 2471 today and fails to close at this level after another rebound, then this wave of 1-hour level rebound has failed and the market will turn bearish. Pay attention to the support levels below near 2420-2373-2331!#ETH走势分析