Analysis of intraday market of BTC and ETH on October 10, 2024.

Good afternoon, brothers!

The market has been lingering for two days, and finally it has come down.

After two days of rushing to the daily support level, it has not been able to rush up successfully.

There is another key news in the evening, that is, the CPI data will be released.

The data of this news is very important, because the current market just stepped on the support of the weekly and monthly lines.

If the announcement is good news, then this wave of market will be pulled up directly, and the current bottom will be relatively stable.

But if the announcement is bad news, it is estimated that the price will start with five again.

After a wave of market decline, there will be a small rebound today.

The rebound target will first look at the two positions of 61369 and 61653.

At least these two prices must be broken, and the rebound will be more powerful.

If the one-hour closing price falls below 60784 again, this rebound will end and the daily bottom support of 59861 will be tested again.

If the daily bottom support is broken, the next step will be 59147 and 57641.

As for ETH, let's see if ETH can break through 2400 in today's rebound.

If it breaks through 2400, the rebound target will be 2422. 👗👉➩BNB0098

At least wait until the four-hour level closes above 2422 before there will be a signal to stop falling.

If the small level closes below 2385 again, this rebound will end and the price will continue to fall. The support below is 2351 and 2312.

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