[2024.10.15 Bitcoin and Ethereum intraday market analysis]
Good morning, brothers. I have to go out and play in the next few days. I may not be able to update according to the original time. I apologize to everyone in advance, but I will definitely update you in time when I am free.
Bitcoin's upward momentum was very strong yesterday. It rushed to the first pressure level of 66450 without a deep retracement at night. This position was the high point of the rebound last month. At this strong pressure level, it will definitely pull back. As for where to pull back and get on the bus, just pay attention to the support level I gave.
If Bitcoin breaks through 66450 and continues to move up, the next big pressure level will be around 6.83-7w. The pressure level can only continue to break through to continue to look up.
If you are not on the bus, I suggest waiting and watching. I personally think that the risk is greater than the profit if you chase more now. There has never been an increase in history. How happy you are when it goes up, how scared you are when it goes down. You should pay special attention to the violent pull-up without washing the market. Waiting and watching does not cost anything.
If you have multiple orders, push the moving stop loss by yourself. Don’t think about making more when you make a little money. Either stop profit or do a good job of moving stop loss. Only when you make money can you own it. Otherwise, it is just a number that stimulates your nerves.
Today’s market analysis:
$BTC has touched the first pressure level at night, and the top of the 4-hour level is sideways. Pay attention to the position of 65880 today. If it falls below this position, the 1-hour level will start to pull back. Pay attention to the support level below 65360-64600-63790 (as long as it does not fall below 64600, the 4-hour level is still on the long side, and it will start to pull back if it falls below)
If it does not fall below 65880 today, it means that the bulls are still very strong and do not intend to pull back. If it continues to rise, pay attention to the upper targets/pressure levels of 66450-66820-67320. #BTC走势分析
$ETH Ethereum has touched the pressure level at night, and the top of the 4-hour level is sideways. Pay attention to 2615 today. If it falls below this position, the 1-hour level will start to pull back. Pay attention to the lower support level of 2585-2550-2510 (as long as it does not fall below 2550, the 4-hour level is still on the bull side, and if it falls below, it will start to pull back)
If it does not fall below 2615 today, it means that the bulls are still very strong and do not intend to pull back. If it continues to rise, pay attention to the upper targets/pressure levels of 2653-2680-2703. #ETH走势分析