Xingran’s Evening Bitcoin and Ethereum Market Analysis
U.S. stock gains weighed on the broader market. Citi expects rates to remain unchanged in October and December, with rate cuts potentially not resuming until June 2027, weakening near-term expectations for monetary easing. September nonfarm payrolls rose by just 29,000, but the unemployment rate remained low at 4.2%, suggesting the labor market has not deteriorated sharply.
📈 ETH staged a weak rebound after becoming oversold. It plunged from 2700 to 2405 and is now at 2484, with net outflows of 66.56 million—a technical recovery. Key levels: resistance at 2500; support at 2405.
Trading strategy: Long
Entry: Go long lightly on a pullback to 2440–2460. Stop-loss: below 2400. Target: 2500–2510, then 2540.
📈 BTC rebounded after stabilizing at the bottom. After falling from 87249 to 80344, it has posted several consecutive bullish candles and is now at 82732, with net inflows of 35.2 million. Bulls have a slight edge.
Key level: BTC has reclaimed the 82000 level.
Trading strategy: Long
Entry: Go long on a pullback to 81800–82200. Stop-loss: below 81000.
Target: 83500, then 85000$BTC $ETH #以太坊升破2500美元 #比特币跌破8.1万美元
U.S. stock gains weighed on the broader market. Citi expects rates to remain unchanged in October and December, with rate cuts potentially not resuming until June 2027, weakening near-term expectations for monetary easing. September nonfarm payrolls rose by just 29,000, but the unemployment rate remained low at 4.2%, suggesting the labor market has not deteriorated sharply.
📈 ETH staged a weak rebound after becoming oversold. It plunged from 2700 to 2405 and is now at 2484, with net outflows of 66.56 million—a technical recovery. Key levels: resistance at 2500; support at 2405.
Trading strategy: Long
Entry: Go long lightly on a pullback to 2440–2460. Stop-loss: below 2400. Target: 2500–2510, then 2540.
📈 BTC rebounded after stabilizing at the bottom. After falling from 87249 to 80344, it has posted several consecutive bullish candles and is now at 82732, with net inflows of 35.2 million. Bulls have a slight edge.
Key level: BTC has reclaimed the 82000 level.
Trading strategy: Long
Entry: Go long on a pullback to 81800–82200. Stop-loss: below 81000.
Target: 83500, then 85000$BTC $ETH #以太坊升破2500美元 #比特币跌破8.1万美元