10/01 Review and analysis of market sentiment: -50 neutral
BTC dynamics
Yesterday's high: 65603
Midnight low: 62828
Support: 62560, 61290, 59630
Resistance: 65960, 66800, 68170
4-hour chart observation:
Volatility: Yesterday's drop was 2775 points
Trend: The current price is still on the rising trend line
- Focus: 62560 is the key support, and attention should be paid to the red line position and the support of 62560
Forecast trend:
1. 63170-65960 range consolidation
2. Break through 65960, target 66800
3. If 62560 is lost, it may usher in a 10-15% correction, looking down to 61290-59630
ETH dynamics
Yesterday's high: 2662
Midnight low: 2574
- Support levels: 2612, 2537, 2434, 2269
- Resistance levels: 2681, 2722, 2950, 3045
1-hour chart analysis:
Volatility: 88 points yesterday
- ETH/BTC exchange rate: 0.04130 this morning, effectively breaking through the 4120 resistance level
Trend: ETH has broken through the downward trend line and performed strongly
Bollinger Bands: The price is above the middle track
Forecast trend:
1. 2612-2681 range consolidation
2. Break through 2681, target 2722-2800
Federal Reserve Dynamics
- Powell's remarks: There are two employment and one inflation reports before the November meeting, and the interest rate will be decided after comprehensive consideration. If the economy meets expectations, there may be two more interest rate cuts this year, a total of 50 basis points.
- Current environment: more opportunities than risks
- **Personal opinion**: Optimistic about the end of October, the bull market alt season may come
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