October 15
Handsome Guy's Market Report — Major Coins
Yesterday's CPI data came in higher than expected, and BTC fell accordingly. On the 4-hour chart, it once again broke below 830000 on increased volume. The next target is the 77000–80000 range. On the daily chart, continue waiting for a pullback and consolidation; be patient. The market isn't following the usual playbook, and rate-hike expectations have risen again. The macro environment remains unstable. The Fear & Greed Index is at 49. For long-term positioning, we still recommend waiting for macroeconomic information to be confirmed before considering entry. Wait for a confirmed pullback to stabilize, then follow up once sentiment steadies.
ETH fell in tandem with BTC, with increased volume on the 4-hour chart, tracking BTC's move. It has broken below the support range. The market has broken down, and on-chain market activity has cooled considerably in recent days. ETH has also been affected. On the daily chart, wait for a pullback to stabilize before considering entry.
Fundamental news: Warsh will give a speech tomorrow at 11:30. Pay close attention.
Intraday support and resistance for major coins:
Today's intraday levels: BTC support at 80000–81000, resistance at 82000–83000; ETH support at 2250–2300, resistance at 2400–2450.
Handsome Guy's Market Report — Major Coins
Yesterday's CPI data came in higher than expected, and BTC fell accordingly. On the 4-hour chart, it once again broke below 830000 on increased volume. The next target is the 77000–80000 range. On the daily chart, continue waiting for a pullback and consolidation; be patient. The market isn't following the usual playbook, and rate-hike expectations have risen again. The macro environment remains unstable. The Fear & Greed Index is at 49. For long-term positioning, we still recommend waiting for macroeconomic information to be confirmed before considering entry. Wait for a confirmed pullback to stabilize, then follow up once sentiment steadies.
ETH fell in tandem with BTC, with increased volume on the 4-hour chart, tracking BTC's move. It has broken below the support range. The market has broken down, and on-chain market activity has cooled considerably in recent days. ETH has also been affected. On the daily chart, wait for a pullback to stabilize before considering entry.
Fundamental news: Warsh will give a speech tomorrow at 11:30. Pay close attention.
Intraday support and resistance for major coins:
Today's intraday levels: BTC support at 80000–81000, resistance at 82000–83000; ETH support at 2250–2300, resistance at 2400–2450.