BTC/ETH midday technical overview (11:00 Beijing time, October 13; Binance spot rolling 24H)
BTC is around $82,865, down 1.07%; reference support is $81,034 and resistance is $84,352. ETH is around $2,489, down 2.21%; reference support is $2,409 and resistance is $2,580. These levels are based on the 24H range extremes and are not guaranteed support or resistance.
Both are below the opening price for this window but have moved off their lows. For now, this can be viewed as a range recovery following a pullback, but it is not enough to confirm a trend reversal. After a breakout above the upper boundary, watch for support on a retest; a break below the lower boundary invalidates the range assessment.
#BTC #ETH For research purposes only; this is not investment advice.
BTC is around $82,865, down 1.07%; reference support is $81,034 and resistance is $84,352. ETH is around $2,489, down 2.21%; reference support is $2,409 and resistance is $2,580. These levels are based on the 24H range extremes and are not guaranteed support or resistance.
Both are below the opening price for this window but have moved off their lows. For now, this can be viewed as a range recovery following a pullback, but it is not enough to confirm a trend reversal. After a breakout above the upper boundary, watch for support on a retest; a break below the lower boundary invalidates the range assessment.
#BTC #ETH For research purposes only; this is not investment advice.