Evening market analysis for October 16: Has the market already turned around?
BTC｜Key level: 82500
The short-term outlook remains range-bound. Keep a close eye on whether 82500 holds.
If BTC holds above 82500–82800, the next target is 83600, with 84300 as the next level to watch.
If the 1-hour candle closes below 81600, the short-term outlook weakens, with 81000 in view. If the daily chart regains and holds above 82500, this pullback may be coming to an end.
ZEC｜Go long only after a confirmed breakout
The price rebounded to around 1230 intraday, with 1240–1260 acting as key resistance.
A sustained hold above 1242 followed by a breakout above 1260 could open the way to 1288 in the short term. If 1150 gives way, a retest of 1100 is possible.
Don't chase the price higher; wait for breakout confirmation before going long.
Evening outlook: For BTC, first watch whether 82500 holds—holding above it favors a bullish, range-bound outlook; losing it means reduce exposure and wait. Don't chase ZEC's rebound; wait for a confirmed breakout above 1242–1260 before taking action.
#比特币 #行情分析 #BTC #ZEC
BTC｜Key level: 82500
The short-term outlook remains range-bound. Keep a close eye on whether 82500 holds.
If BTC holds above 82500–82800, the next target is 83600, with 84300 as the next level to watch.
If the 1-hour candle closes below 81600, the short-term outlook weakens, with 81000 in view. If the daily chart regains and holds above 82500, this pullback may be coming to an end.
ZEC｜Go long only after a confirmed breakout
The price rebounded to around 1230 intraday, with 1240–1260 acting as key resistance.
A sustained hold above 1242 followed by a breakout above 1260 could open the way to 1288 in the short term. If 1150 gives way, a retest of 1100 is possible.
Don't chase the price higher; wait for breakout confirmation before going long.
Evening outlook: For BTC, first watch whether 82500 holds—holding above it favors a bullish, range-bound outlook; losing it means reduce exposure and wait. Don't chase ZEC's rebound; wait for a confirmed breakout above 1242–1260 before taking action.
#比特币 #行情分析 #BTC #ZEC