#BTC#ETHpulls back due to geopolitical conflict
——October 2 market data report:
On-chain data shows that#BTCselling pressure increases,#ETHselling pressure increases, and the support power decreases.#BTC#ETH long and short forces are basically balanced, with the short side having a slight advantage, and the market is brewing the next trend in the oscillation. ETH's trend is not optimistic.#BTC#ETH contract holdings have not yet been corrected. Funding rate has dropped.
BTC
Short-term support level 60256
Short-term pressure level 62092
Medium-term support level 59568
Medium-term pressure level 63296
ETH
Short-term support level 2428
Short-term pressure level 2503
Medium-term support level 2390
Medium-term pressure level 2551
The above information is for reference only and is not an investment advice.