[2024.10.12 Bitcoin and Ethereum intraday market analysis]

Good afternoon, brothers, sorry to be late. The night market rebounded too violently. Bitcoin broke through the third pressure level before it started to fall back at a small level. Ethereum also rose to the second pressure level at night and then started to fall back.

This wave of rebound has been completed as mentioned in last night's market analysis. There will be no big fluctuations today and weekend. A wide range of fluctuations is expected at the 4-hour level!

Today's market analysis:

$BTC Bitcoin daily line has stabilized on the bulls. At present, the 1-hour level has pulled back and the 2/4-hour bulls have started to rise. Pay attention to the 62720 position today. As long as the 1-hour level stands above this position, this wave of pullback will end and the market will start to rise. Pay attention to the upper target/pressure level near 63050-63400-63890!

If the 1-hour level today cannot stand at 62720, the market will not go up. If it continues to pull back, pay attention to the support level below 62265-61680-61070. As long as it does not break 61680, there is a chance to get on board! #BTC走势分析

$ETH Ethereum daily rebound, currently the 1-hour level pullback 2/4 hours long side rise, pay attention to the position of 2445 today, as long as the 1-hour level stands above this position, this wave of pullback will end and the market will start to rise. Pay attention to the upper target/pressure level near 2458-2471-2495!

If the 1-hour level today cannot stand at 2445, the market will not go up. If it continues to pull back, pay attention to the support level below 2433-2418-2400. As long as it does not break 2400, there is a chance to get on board! #ETH走势分析

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