[2024.10.1 Analysis of the intraday market of Dabing and Madam]

Good morning, my friends. I wish you all a happy National Day and a happy family. Today, October 1, Dabing has a strong support range of 62800. The monthly line closed with a long lower shadow. The monthly, weekly and daily lines are all bullish and upward. The current market cannot be overly bearish.

The upper Bollinger track at the 4-hour level began to turn around and close, indicating that the decline and correction market has come to an end and began to rebound to the resistance level. It is not ruled out that the bulls will counterattack. The A-share market will be closed during the National Day holiday, and some hot money will flow back to the encryption circle.

Today's market analysis:

$BTC Dabing has pulled back to the key support level, the 62800 range, and the EMA120 daily moving average below is a strong support. The air force cannot go down in one breath. Normally, it will continue to test twice and three times. Then pay attention to the support level below: 62700～62900～63000. The key point is whether 62500 will fall below.

If the market does not fall below 62500, it will rebound above it. Look at the upper resistance level: 64100～64700～65440! #BTC走势分析

$ETH Madam 15-minute downward trend has been broken, and the rebound strength is stronger than that of the big cake. The upper track of the 4-hour Bollinger indicator has turned around and rebounded. The key point is the middle track resistance near 2650. Breaking through 2650, the market will continue to look at the previous high. The lower support level: 2592～2575～2560 can be used to build positions in batches. Relatively strong and aggressive points.

The upper target/resistance level is seen: 2631～2650～2673. You can consider taking profits in batches. #ETH走势分析

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