2024.10.18.BTC.ETH.Intraday market analysis

Good afternoon, brothers. After a night of sideways fluctuations, Bitcoin once again stood on the four small supports of 67400. This means that the four-hour market has entered the long position again. It depends on whether the upper pressure of 68365 can be broken again. I also mentioned in last night's market analysis that this wave of callback will not fall too much. At least it will probe the upper pressure support of 68365 again. It will fall back to below 67400 before there will be a big short market. It has already probed in the morning, the highest is 68268, and it depends on whether the four-hour closing line can fall below 67400 again. The bottom line of this wave of rising momentum is 67400. In other words, the four-hour closing line cannot fall below 67400. If it falls below, short-term long orders should leave (this support is valid for the closing line from 16:00 to 20:00 in the afternoon)

Intraday order ideas: Go long near 67500, and wait for the four-hour closing line to fall below 67400 to exit manually. Short,

Long target: 68365.69363.70127.

Short target: 66700.66000.65300.

The current market has already reached the upper pressure of 68365 in the morning. If it cannot break through again, the probability of falling is very high. However, don't just go short. After all, it is now on the long side at the four-hour level. Look long first, and then look short if it falls below.

ETH

The auntie accurately reached the first pressure given by my market analysis last night. The error is less than 1 oil. It fell back very quickly. At present, it has not even closed the four-hour support of 2617. The upward trend is still very weak. The intraday long and short support still refers to the position of 2617. The four-hour closing line is based on the closing line of 16:00-20:00 in the afternoon. If it closes, the four-hour correction will complete and start the four-hour rise. The target is: 2652.2690. If it fails to close, it will continue to move in a four-hour correction. The lower correction support is 2573.2538.#BTC☀️ #ETH🔥🔥🔥🔥🔥🔥