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Blockchain Liangqiu: 10.28 Bitcoin/Ethereum Weekly Close Approaching with Early Morning Trading Ideas
Bitcoin/Ethereum weekend narrow fluctuations, the overall space is not very large. We have repeatedly laid out the retracement long positions near 66800 and 2460, and the market has rebounded after touching the bottom multiple times. At the same time, we have reminded many times that the weekend narrow fluctuations require careful control of the range. Currently, the market is still fluctuating, and such fluctuations can easily lead to a rebound after building a bottom, especially in the case of Bitcoin. The 65200 line emphasized multiple times in the past few days has also formed support after several downward spikes.
However, on the daily chart, there was no effective release of volume over the weekend, so the market did not show a clear direction. Both long and short positions can still take advantage of the space. The upcoming Monday will see much larger fluctuations, requiring more attention to rhythm control. The upper daily MA moving averages for Bitcoin/Ethereum still exist, specifically at 68500 and 2540. Once this position stands firm with a four-hour level entity K-line, the market will usher in a new round of rallies. If it cannot break through, the market will continue to fluctuate. Pay attention to the support situation at 66600 and 2440.
In the early morning operation, Bitcoin continues to enter long positions around 67000 to 67300, with a target near 68500; for Ethereum, continue to enter long positions around 2460 to 2480, with a target near 2530. The publication has practical effectiveness, with specific guidance based on real-time. You can refer to the homepage introduction. #ETHBTC汇率新低 #年底牛还熊？ #加密货币市场持续震荡
Bitcoin/Ethereum weekend narrow fluctuations, the overall space is not very large. We have repeatedly laid out the retracement long positions near 66800 and 2460, and the market has rebounded after touching the bottom multiple times. At the same time, we have reminded many times that the weekend narrow fluctuations require careful control of the range. Currently, the market is still fluctuating, and such fluctuations can easily lead to a rebound after building a bottom, especially in the case of Bitcoin. The 65200 line emphasized multiple times in the past few days has also formed support after several downward spikes.
However, on the daily chart, there was no effective release of volume over the weekend, so the market did not show a clear direction. Both long and short positions can still take advantage of the space. The upcoming Monday will see much larger fluctuations, requiring more attention to rhythm control. The upper daily MA moving averages for Bitcoin/Ethereum still exist, specifically at 68500 and 2540. Once this position stands firm with a four-hour level entity K-line, the market will usher in a new round of rallies. If it cannot break through, the market will continue to fluctuate. Pay attention to the support situation at 66600 and 2440.
In the early morning operation, Bitcoin continues to enter long positions around 67000 to 67300, with a target near 68500; for Ethereum, continue to enter long positions around 2460 to 2480, with a target near 2530. The publication has practical effectiveness, with specific guidance based on real-time. You can refer to the homepage introduction. #ETHBTC汇率新低 #年底牛还熊？ #加密货币市场持续震荡
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
93,359.59
-0.78%
ETH
3,330.49
-1.80%
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