The broader market’s rebound is weak. Today, the key level to watch is whether 82,000–82,500 can hold.
Good morning, everyone. The National Day holiday is over, so let’s take another look at today’s market.
The broader market pulled back yesterday, and most altcoins followed suit. The rebound is still lacking strength, and prices have continued to move sideways after the pullback. In the short term, I still see the market as undergoing a choppy correction. Today, the key area to watch is around 82,000–82,500 below. Whether this zone holds will determine whether the market can stay within its current trading range. If it breaks, we need to watch for a further acceleration in the decline. This is something to keep a close eye on. ETF flows also remain worth monitoring. Some of the latest figures released show net outflows, but the full data is not yet available, so we’ll keep watching to see whether funds flow back in.
My long-term bullish view remains unchanged. With the broader market and altcoins both pulling back, I still favor buying spot in batches on dips and continuing to build my positions at my own pace.
For futures, I’m leaning more toward short-term intraday longs today. After the recent pullback, I’ll first look to catch a rebound. Once the broader market gives us clearer signals, I’ll consider whether to keep holding, shift to a daily-chart trade, or take profits. There’s no need to mistake a short-term rebound for a trend reversal. That said, even a short-term long depends on whether support below holds. If 82,000–82,500 breaks, the intraday long thesis needs to be reassessed. Don’t keep holding just because of a bullish long-term outlook.
Key levels:
BTC: First watch around 82,500, and consider 82,000 together as the lower level.
ETH: This pullback has been more pronounced. If the broader market weakens again, be prepared for a further decline. For now, watch around 2,500.
SOL: First watch around 113.
For futures, remember to set your own stop-losses and manage them according to your position size and the losses you can tolerate.
On the news front, the Fed meeting minutes released early this morning were seen by the market as hawkish. Most participants considered another rate hike before the end of the year potentially appropriate, with the outlook still dependent on economic data. Next, watch how U.S. stocks and crypto markets digest this expectation.
My approach today remains unchanged: in the short term, expect sideways consolidation and keep a close eye on 82,000–82,500; continue building spot positions in batches, and trade futures with an intraday rebound in mind.
#BTC #ETH #solana #美联储纪要聚焦10月暂停加息
Good morning, everyone. The National Day holiday is over, so let’s take another look at today’s market.
The broader market pulled back yesterday, and most altcoins followed suit. The rebound is still lacking strength, and prices have continued to move sideways after the pullback. In the short term, I still see the market as undergoing a choppy correction. Today, the key area to watch is around 82,000–82,500 below. Whether this zone holds will determine whether the market can stay within its current trading range. If it breaks, we need to watch for a further acceleration in the decline. This is something to keep a close eye on. ETF flows also remain worth monitoring. Some of the latest figures released show net outflows, but the full data is not yet available, so we’ll keep watching to see whether funds flow back in.
My long-term bullish view remains unchanged. With the broader market and altcoins both pulling back, I still favor buying spot in batches on dips and continuing to build my positions at my own pace.
For futures, I’m leaning more toward short-term intraday longs today. After the recent pullback, I’ll first look to catch a rebound. Once the broader market gives us clearer signals, I’ll consider whether to keep holding, shift to a daily-chart trade, or take profits. There’s no need to mistake a short-term rebound for a trend reversal. That said, even a short-term long depends on whether support below holds. If 82,000–82,500 breaks, the intraday long thesis needs to be reassessed. Don’t keep holding just because of a bullish long-term outlook.
Key levels:
BTC: First watch around 82,500, and consider 82,000 together as the lower level.
ETH: This pullback has been more pronounced. If the broader market weakens again, be prepared for a further decline. For now, watch around 2,500.
SOL: First watch around 113.
For futures, remember to set your own stop-losses and manage them according to your position size and the losses you can tolerate.
On the news front, the Fed meeting minutes released early this morning were seen by the market as hawkish. Most participants considered another rate hike before the end of the year potentially appropriate, with the outlook still dependent on economic data. Next, watch how U.S. stocks and crypto markets digest this expectation.
My approach today remains unchanged: in the short term, expect sideways consolidation and keep a close eye on 82,000–82,500; continue building spot positions in batches, and trade futures with an intraday rebound in mind.
#BTC #ETH #solana #美联储纪要聚焦10月暂停加息