October 14
Handsome Analyst Report — Major Coins
Yesterday, BTC continued to consolidate and once again moved above 83,000 on the 4-hour chart, with a slight increase in trading volume. Continue to watch whether it can hold above 83,000. CPI data will be released tonight. If BTC fails to hold above 83,000, further downside is still expected, with the next target in the 77,000–80,000 range. On the daily chart, continue to wait for a pullback and consolidation; be patient. The market isn’t following the usual script, and rate hike expectations have risen again. The macro environment remains unstable. The Fear and Greed Index is at 54. For long-term positioning, it is still advisable to wait for macro information to be confirmed before considering entry. Wait for a confirmed pullback to stabilize and sentiment to improve before following up.
ETH consolidated in tandem with BTC. Trading volume increased slightly on the 4-hour chart, moving in sync with 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 data will be released at 8:30 p.m. today. Keep a close eye on it.
Intraday support and resistance for major coins:
For today’s intraday market, BTC support is at 81,000–81,500, with resistance at 84,000–84,500. ETH support is at 2,400–2,450, with resistance at 2,550–2,600.
Handsome Analyst Report — Major Coins
Yesterday, BTC continued to consolidate and once again moved above 83,000 on the 4-hour chart, with a slight increase in trading volume. Continue to watch whether it can hold above 83,000. CPI data will be released tonight. If BTC fails to hold above 83,000, further downside is still expected, with the next target in the 77,000–80,000 range. On the daily chart, continue to wait for a pullback and consolidation; be patient. The market isn’t following the usual script, and rate hike expectations have risen again. The macro environment remains unstable. The Fear and Greed Index is at 54. For long-term positioning, it is still advisable to wait for macro information to be confirmed before considering entry. Wait for a confirmed pullback to stabilize and sentiment to improve before following up.
ETH consolidated in tandem with BTC. Trading volume increased slightly on the 4-hour chart, moving in sync with 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 data will be released at 8:30 p.m. today. Keep a close eye on it.
Intraday support and resistance for major coins:
For today’s intraday market, BTC support is at 81,000–81,500, with resistance at 84,000–84,500. ETH support is at 2,400–2,450, with resistance at 2,550–2,600.