Again I am here to inform you All that i am not your financial advisor just read and try to understand only , for your learning and updating purposes i am sharing,

Thanks

As of October 4, 2024, the current prices for Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) are as follows:

• Bitcoin (BTC): Approximately $61,364.81 .

• Ethereum (ETH): Approximately $2,378.21 .

• Binance Coin (BNB): Approximately $300.63 .

Analysis and Short-term Outlook

1. Bitcoin (BTC):

• Current Price: $61,364.81.

• Market Sentiment: Bitcoin has shown a slight increase of about 0.90% over the past 24 hours, although it’s down about 6.40% over the last week. This recent dip may provide a potential buying opportunity for short-term traders .

• Technical Indicators: Watch for support around $60,000 and resistance near $63,000. A breakout above the latter could lead to further upward momentum.

2. Ethereum (ETH):

• Current Price: $2,378.21.

• Market Sentiment: Ethereum’s price has been relatively stable but has faced selling pressure. The recent range indicates a consolidating market, which could be a precursor to a price movement in either direction .

• Technical Indicators: Key support is near $2,350, with resistance at around $2,400. A break above this level may indicate bullish momentum.

3. Binance Coin (BNB):

• Current Price: $300.63.

• Market Sentiment: BNB has experienced some volatility but has generally maintained its position above the $300 mark . This is critical for maintaining bullish sentiment.

• Technical Indicators: Support is identified around $290, while resistance is seen at $315. Trading within this range may present opportunities for scalping.

Trading Recommendations

• For Bitcoin: If it holds above $60,000, consider a long position targeting $63,000. Set a stop-loss around $59,500.

• For Ethereum: Look for a breakout above $2,400 for a potential buy opportunity, with targets set at $2,500.

• For Binance Coin: A bounce off the $300 level can be an entry point, targeting a quick trade to $310.

Please keep an eye on market news and any significant changes in trading volume, as these can influence price movements.