10.14 Uncle Chen’s Bitcoin and Ethereum Market Update
Bitcoin and Ethereum are both currently moving sideways, with bulls and bears pulling back and forth as the market continues to consolidate and build momentum.
Neither showed a clear one-way trend during the day, so there’s no need to rush into frequent trades. The evening market will provide the final answer.
Suggested trades: #BTC
Bitcoin | Go long in the 83000–82500 range
| 81500 stop-loss | 85000 target
Ethereum | Go long in the 2480–2460 range #ETH
| 2420 stop-loss | 2550–2580 target
Bitcoin and Ethereum are both currently moving sideways, with bulls and bears pulling back and forth as the market continues to consolidate and build momentum.
Neither showed a clear one-way trend during the day, so there’s no need to rush into frequent trades. The evening market will provide the final answer.
Suggested trades: #BTC
Bitcoin | Go long in the 83000–82500 range
| 81500 stop-loss | 85000 target
Ethereum | Go long in the 2480–2460 range #ETH
| 2420 stop-loss | 2550–2580 target