October 12
From the daily chart, Bitcoin received a solid red K-line yesterday, breaking through the key pressure level of 6.21 of the daily MA256-day moving average, ending the short-term weak and volatile trend. In the short term, we will first pay attention to the support of the daily MA30/256-day moving average of 6.22. If it falls back to 6.2, it will rebound further to test the weekly MA30-day moving average of 6.35. In the 4-hour chart, the current price hit the MA120-day moving average of 6.3 and then fell back. In the short term, there is obvious pressure on this line. In the short term, pay attention to the breakthrough of this line. Ethereum's rebound is not strong. Yesterday, the price broke through 2430 and hit the high point of 2470 before coming back. At present, the daily MA30/60-day moving average is about to overlap with the key pressure level of 2490. Pay attention to the breakthrough of this line in the subsequent rebound. In the 1-hour chart, the short-term support level is in the range of 2430-20.
Big cake is sold high and bought low at 63000-62000
Second cake maintains short-term operation