David’s Trading Notes
October 13, 2026
On the 1-hour timeframe, neither Bitcoin nor Ethereum has broken below its previous low, and the 2-hour double-bottom structure remains intact. Next, we’ll see whether price can reclaim the bullish zone. CPI is tomorrow and PPI the day after, and the news could act as a catalyst.
Intraday plan: favor buying dips, with shorting rallies as a secondary strategy.
I. Technical analysis
1. Price fell sharply during the Asian session and then recovered. 2538–2543 is short-term resistance. On the 5-minute chart, a spike wick followed by a bearish engulfing candle could offer a short-term short entry.
2. 2490 is minor support. Go long if a bullish engulfing candle appears on the 5-minute chart. (Chart 1)
II. Market outlook
Ethereum $ETH : If price breaks above 2538–2543, bulls could target 2577 and 2648. Reaching 2648 would show that this move is strong, and a bigger move may be coming. (Chart 2)
Bitcoin $BTC : If price breaks above 84000, bulls could target 87300. The larger target in a trend move is 95000. If 84000 is not broken, price will most likely continue consolidating and recovering. (Chart 3)
#比特币期权波动率创五年新低 #比特币重回8.4万美元
October 13, 2026
On the 1-hour timeframe, neither Bitcoin nor Ethereum has broken below its previous low, and the 2-hour double-bottom structure remains intact. Next, we’ll see whether price can reclaim the bullish zone. CPI is tomorrow and PPI the day after, and the news could act as a catalyst.
Intraday plan: favor buying dips, with shorting rallies as a secondary strategy.
I. Technical analysis
1. Price fell sharply during the Asian session and then recovered. 2538–2543 is short-term resistance. On the 5-minute chart, a spike wick followed by a bearish engulfing candle could offer a short-term short entry.
2. 2490 is minor support. Go long if a bullish engulfing candle appears on the 5-minute chart. (Chart 1)
II. Market outlook
Ethereum $ETH : If price breaks above 2538–2543, bulls could target 2577 and 2648. Reaching 2648 would show that this move is strong, and a bigger move may be coming. (Chart 2)
Bitcoin $BTC : If price breaks above 84000, bulls could target 87300. The larger target in a trend move is 95000. If 84000 is not broken, price will most likely continue consolidating and recovering. (Chart 3)
#比特币期权波动率创五年新低 #比特币重回8.4万美元