October 13
Handsome Guy’s Market Report — Major Coins
BTC consolidated yesterday, then accelerated its pullback early this morning. On the 4-hour chart, it once again fell below 83,000, with no significant increase in trading volume. Since it failed to hold above 83,000, further downside is expected, with the next target in the 77,000–80,000 range. On the daily chart, continue to wait for the pullback and consolidation. Be patient—the market isn’t following the usual script. Rate-hike expectations have risen again, and the macro environment remains unstable. The Fear and Greed Index is at 54. For long-term positioning, it is still advisable to wait for confirmation from macroeconomic data before considering an entry. Wait for the pullback to settle and sentiment to stabilize before following through.
ETH pulled back in tandem with BTC, with a modest increase in volume on the 4-hour chart. Recently, enthusiasm for on-chain activity has declined considerably, which has also affected ETH’s price action. On the daily chart, wait for the pullback to stabilize before considering an entry.
Fundamental news: CPI data will be released on the 14th; pay close attention.
Intraday support and resistance for major coins:
For today’s intraday market, BTC support is at 80,500–81,500, with resistance at 83,000–83,500. ETH support is at 2,400–2,450, with resistance at 2,500–2,550.
Handsome Guy’s Market Report — Major Coins
BTC consolidated yesterday, then accelerated its pullback early this morning. On the 4-hour chart, it once again fell below 83,000, with no significant increase in trading volume. Since it failed to hold above 83,000, further downside is expected, with the next target in the 77,000–80,000 range. On the daily chart, continue to wait for the pullback and consolidation. Be patient—the market isn’t following the usual script. Rate-hike expectations have risen again, and the macro environment remains unstable. The Fear and Greed Index is at 54. For long-term positioning, it is still advisable to wait for confirmation from macroeconomic data before considering an entry. Wait for the pullback to settle and sentiment to stabilize before following through.
ETH pulled back in tandem with BTC, with a modest increase in volume on the 4-hour chart. Recently, enthusiasm for on-chain activity has declined considerably, which has also affected ETH’s price action. On the daily chart, wait for the pullback to stabilize before considering an entry.
Fundamental news: CPI data will be released on the 14th; pay close attention.
Intraday support and resistance for major coins:
For today’s intraday market, BTC support is at 80,500–81,500, with resistance at 83,000–83,500. ETH support is at 2,400–2,450, with resistance at 2,500–2,550.