October 12
Handsome Guy Research Report — Major Coins
Yesterday, BTC remained in consolidation and saw a slight rise in the early hours. On the 4-hour chart, it moved back above 830000, with no significant increase in volume. Watch whether it can hold this level; if not, further downside is still expected, with the next target in the 77000–80000 range. On the daily chart, continue to wait for a pullback and consolidation. Be patient—the market isn’t following the usual playbook. Rate-hike expectations have risen again, and the macro environment remains unstable. The Fear and Greed Index is at 58. For long-term positioning, it is still advisable to wait for macroeconomic developments to be confirmed before considering entry. Wait for a confirmed pullback to stabilize, then follow up once sentiment becomes steady.
ETH consolidated alongside BTC and edged up slightly on the 4-hour chart, tracking BTC. On-chain market activity has cooled considerably recently, which has also affected ETH. On the daily chart, wait for a pullback to stabilize before considering entry.
Fundamental news: CPI will be released on the 14th; keep a close eye on it.
Intraday support and resistance for major coins:
For today’s intraday market, BTC support is at 82500–83000, with resistance at 84000–84500. ETH support is at 2450–2500, with resistance at 2550–2600.
Handsome Guy Research Report — Major Coins
Yesterday, BTC remained in consolidation and saw a slight rise in the early hours. On the 4-hour chart, it moved back above 830000, with no significant increase in volume. Watch whether it can hold this level; if not, further downside is still expected, with the next target in the 77000–80000 range. On the daily chart, continue to wait for a pullback and consolidation. Be patient—the market isn’t following the usual playbook. Rate-hike expectations have risen again, and the macro environment remains unstable. The Fear and Greed Index is at 58. For long-term positioning, it is still advisable to wait for macroeconomic developments to be confirmed before considering entry. Wait for a confirmed pullback to stabilize, then follow up once sentiment becomes steady.
ETH consolidated alongside BTC and edged up slightly on the 4-hour chart, tracking BTC. On-chain market activity has cooled considerably recently, which has also affected ETH. On the daily chart, wait for a pullback to stabilize before considering entry.
Fundamental news: CPI will be released on the 14th; keep a close eye on it.
Intraday support and resistance for major coins:
For today’s intraday market, BTC support is at 82500–83000, with resistance at 84000–84500. ETH support is at 2450–2500, with resistance at 2550–2600.