【2024.10.3 Analysis of the intraday market of Bitcoin and Ethereum】

Good afternoon, brothers. A sunny day has begun. Bitcoin rebounded yesterday and reached a new bottom at night. Fortunately, the 60,000 mark was held. If it could not be held, it would have to go to the vicinity of 5.93-5.75!

From the perspective of sentiment, the panic index has reached 37. I remember that it was 60+ a few days ago. Have you found that it is very useful to use this index to make large-scale waves? Buy spot in batches below 20, and reduce your position in batches above 50! This is called buying when no one cares and selling when life is boiling!

Bitcoin fell to the second support level last night and rebounded by more than 1,000 U. After Ethereum fell below the second support level, it also rebounded by more than 20 U. Brothers who have pending orders should make their own mobile stop losses.

At present, there is no clear signal of strengthening in the market. It is estimated that the reversal of the long market will not be so fast. If there are profitable orders, you must make mobile stop profits and stop losses, don’t be scheming!

Today's market analysis:

$BTC Bitcoin is currently rebounding at the 1/2 hour level. Pay attention to the position of 61130 today. If it falls below this position in 1/2 hours, this wave of rebound fails and the market turns bearish. Pay attention to the support level below 60630-59960-59310!

If the small level stands firmly at 61130 today, the market will fluctuate upward and drive a rebound at the 4-hour level. Pay attention to the upper pressure level/target around 611915-62670-63300! #BTC走势分析

$ETH Ethereum, this garbage, is currently rebounding at the 1-hour level. Pay attention to the position of 2382 today. If it falls below this position in 1 hour, this wave of rebound fails and the market turns bearish. Pay attention to the support level below 2356-2331-2295!

If the 1-level level stands firm at 2383 today, the market will fluctuate upward and drive a rebound at the 2-hour level. The upper pressure level/target should be around 2413-2442-2468! #ETH走势分析

[Want to know the daily trend analysis of Ethereum, please pay attention to it. We will bring you the latest market analysis and accurate pin points every day. If you need the copycat point, please leave a message in the comment area]