Post
易琳Ten
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📊 How to look at BTC and ETH in October?
My outlook on October is still bullish.
But I don’t think the market will rise in a straight line all the way; more likely, it will move like:
Up → shakeout → choose direction again
What really matters isn’t guessing whether it will go up or down every day, but whether the market is gradually confirming key support and resistance levels.
🟠 BTC
Right now, BTC is consolidating around 84,000.
For the short term, focus on:
82K—83K: key support
85K—87K: first resistance zone
90K—92K: next target observation zone
Recently, US spot BTC ETFs saw about $2.4 billion in net inflows over the week; demand/absorption remains clearly strong. At the same time, US Treasury yields are still elevated, and the macro environment will continue to disrupt risk assets.
But I don’t think the market will rise in a straight line all the way; more likely, it will move like:
Up → shakeout → choose direction again
What really matters isn’t guessing whether it will go up or down every day, but whether the market is gradually confirming key support and resistance levels.
🟠 BTC
Right now, BTC is consolidating around 84,000.
For the short term, focus on:
82K—83K: key support
85K—87K: first resistance zone
90K—92K: next target observation zone
Recently, US spot BTC ETFs saw about $2.4 billion in net inflows over the week; demand/absorption remains clearly strong. At the same time, US Treasury yields are still elevated, and the macro environment will continue to disrupt risk assets.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.