At the end of trading in New York on October 8, the main contract of CME Bitcoin futures BTC was quoted at $62,575.00, down 1.55% from the end of trading in New York on October 7, and traded in the range of $61,995.00-63,600.00.

As Bitcoin is recognized by top international institutional investors such as BlackRock, its position in the crypto asset market is becoming increasingly important. At the same time, the continuous development of blockchain technology has also brought new opportunities and challenges to Bitcoin and the entire crypto asset industry.

Operational suggestions Continue to maintain

Bitcoin rebounds around 62,800-63,500, short target around 61,500-61,000

Ethereum rebounds around 2490-2530, short target around 2400-2350, continue to maintain