Yesterday's Market Review
BTC slightly pulled back yesterday, slightly exceeding expectations, and did not continue to rise as targeted. Currently, BTC is back above 63,000 again, and the trend is still healthy. It is recommended that those who previously reduced their holdings resume their positions, with a target range of 66,000-68,000, waiting for an increase. Yesterday, BTC slightly adjusted, and the range of the pullback slightly exceeded expectations, but a short-term downward channel was formed. Pay attention to the resistance of 2,650. Intraday operations can be synchronized with BTC. Continue to be bullish, with a target range of 2,800-3,000. SATS can continue to be held, and liquidation can be considered around 50. PEOPLE mid-term holdings can continue to wait, and other altcoins DOGS are considered to be deployed with head hiding
Intraday market analysis
BTC 1-hour and 4-hour levels have returned to healthy levels, and the daily level is above the healthy level. Continue to follow up during the day and do not wait. The expectation of the big cycle has not weakened. The support below is 62300-62800, and the resistance above is 64000-64500.
ETH 1-hour and 4-hour levels have returned to healthy levels, and the daily level has returned to healthy levels. Follow up during the day, no longer waiting, the upper resistance during the day is 2650-2700, and the lower support during the day is 2530-2570
BTC slightly pulled back yesterday, with the lowest level pulled back to around 62,700. The pullback was slightly beyond expectations, and it did not continue to rise as expected. It adjusted back and continued to accumulate strength to prepare for the next breakthrough. It is still recommended not to wait. The old friends who reduced their hiding positions before can rebuild their hiding positions and wait for continued rise. The target range is 66,000-68,000. There may be slight adjustments after the positive impact of the interest rate cut, but the probability of another big drop is not great. Don't worry too much. The big cycle expectations have never changed, and the bull market expectations are still built on
Yesterday, ETH slightly pulled back and fell below 2600. The pullback was slightly beyond expectations. The trend of ETH began to improve, but a short-term downward channel was formed. Pay attention to the resistance near the upper edge of the channel at 2650. The activity of the ETH ecosystem recovered slightly, and the chain recovered slightly. It is recommended that the old irons who reduced their holdings continue to follow up. It is expected to continue to rise. The target range is 2800-3000. Hold on. The downturn will not continue. A new round of rising cycle is not far away.
The altcoin sector will follow the mainstream and consolidate synchronously. SATS will continue to be held. If it rises to around 50, it will be cleared and exited. The mid-term holding can be expected to be around 80. PEOPLE will have good expectations before the November election in the mid-term. CKB will continue to be held after reducing its holdings and wait for the ecological explosion. The altcoin sector will patiently wait for the mainstream to adjust. Consider following up with other high-quality currencies to build a collection, such as SSV, BB, etc. for mid-term deployment. FTM is waiting for a while. DOGS can consider building a head collection, and FB is considering starting a head collection.
After the FB mainnet was launched, the price dropped. Consider buying it first.
Fundamental news: Unemployment data tonight (little impact)
Primary market information:
Continue to pay attention to RGB++. SEAL has recently adjusted. Wait for more positive news from RGB++. You can consider buying it in batches later.
The rune market is still sluggish, wait and see
Fractal Bitcoin mainnet is now online, pay attention to other ecological sectors in the future
Intraday mainstream currency support and resistance:
Today's intraday market, BTC's lower support is 62300-62800, and the upper resistance is 64000-64500. ETH's lower support is 2550-2570, and the upper resistance is 2650-2700.
Buy the bottom of 3 cryptocurrencies that will increase 10-50 times in the future bull market! Achieve the bull market goal!
1. HOW MANY
Catizen is a play-and-earn game on Telegram where users act as mayors of a virtual city inhabited by cats. Players are rewarded in CATI, the platform’s native token. Recently, Catizen announced an integration with Alchemy Pay, making it easier for users to purchase CATI with over 50 fiat currencies.
Catizen has amassed a market cap of $241 million since its launch on September 20. Initially, the token was trading at $0.82 but has since fallen to $0.7725, a 3.36% drop. Additionally, market data shows support at $0.73, suggesting potential for recovery. CATI is currently trading above the 50-day simple moving average (SMA), indicating sustained buyer interest.
Additionally, the relative strength index (RSI) is around 50, indicating that market sentiment may be changing and buyers may push prices higher. While CATI has experienced some price volatility, the integration with Alchemy Pay makes it more accessible, which may attract more users and investors. Technical indicators suggest that the market may recover, especially as the platform grows.
2.BE
Sei is a Layer 1 blockchain designed specifically for decentralized exchanges (DEX). It focuses on improving the efficiency and performance of DEX platforms, providing them with potential market advantages. The project aims to meet the growing demand for decentralized trading and emphasizes sustainability by striving to achieve carbon neutrality.
The SEI token has seen a significant surge in price recently, with a market cap of over $1.6 billion. SEI is trading at $0.46, up 24% in the past 24 hours, having peaked above $0.47 earlier. The surge is driven by new partnerships, community initiatives, and continued growth in total locked value (TVL) and daily active users.
On September 24, Sei announced the addition of yield-generating Liquid Staking Tokens (LST) such as Seiyan ETH and Super Seiyan ETH, further expanding its ecosystem. These updates have led to bullish sentiment towards the token, with the Fear & Greed Index at 59 (Greed).
Meanwhile, Sei has a circulating supply of 3.52 billion SEI, out of a total maximum supply of 10 billion. Over the past year, its supply has grown by 95.83%, with 1.72 billion new SEI added. Sei ranks 11th among proof-of-stake tokens and 30th among layer 1 blockchains by market cap.
3.OK
Ondo Finance has gained attention by combining traditional finance with blockchain technology. Its goal is to tokenize real-world assets and make quality financial products more accessible. This approach helps expand the use of blockchain while strengthening the entire financial system.
Currently, the coin is showing resilience and is trading at $0.7946, up 5.30% intraday. Moreover, the market sentiment is positive, with the Fear & Greed Index showing a value of 59 (Greed). The coin has been trending up 15 of the past 30 days, accounting for about 50%, indicating a sustained rise.
Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are showing gains, indicating that the coin’s momentum is building. Ondo has high liquidity and spot market volumes are rising. Considering these factors, Ondo is likely to continue to rise, with the next key level being the 50% retracement at $0.8392.
