10.30$BTC $ETH Market Analysis and Trading Recommendations:
After the U.S. stock market opened last night, major assets rose first and then fell. Bitcoin hit a low of $76,444 and has now rebounded to $78,385. Ethereum hit a low of $2,172 and has now rebounded to $2,245. Short-term selling pressure has eased somewhat.
The sell-off in the early hours was mainly due to a hacking incident involving the transfer of $1 billion worth of ETH to a new wallet, which caused the broader market to fall. Market panic has yet to subside!
Over the past 24 hours, $1.285 billion in long positions were liquidated, compared with nearly $246 million in short positions.
For today's trading, don't blindly chase rising prices. For Bitcoin, pay close attention to resistance at $79,000. A sustained move above that level could lead to a rebound toward $79,500–$80,000. For Ethereum, watch for a break above $2,260; if it clears that level, it could reach $2,280–$2,300.
Based on current market conditions, this looks more like a technical rebound after a sharp drop, and a trend reversal is not yet confirmed. Trade cautiously: keep positions small, use low leverage, don't chase rallies or blindly buy the dip, and wait for a clear market direction before entering.
$BLESS #两地址约12.8亿枚USDT遭冻结 #美国中期选举倒计时，美股博弈窗口已开启？ #瑞士首只现货比特币ETF预计11月上市
After the U.S. stock market opened last night, major assets rose first and then fell. Bitcoin hit a low of $76,444 and has now rebounded to $78,385. Ethereum hit a low of $2,172 and has now rebounded to $2,245. Short-term selling pressure has eased somewhat.
The sell-off in the early hours was mainly due to a hacking incident involving the transfer of $1 billion worth of ETH to a new wallet, which caused the broader market to fall. Market panic has yet to subside!
Over the past 24 hours, $1.285 billion in long positions were liquidated, compared with nearly $246 million in short positions.
For today's trading, don't blindly chase rising prices. For Bitcoin, pay close attention to resistance at $79,000. A sustained move above that level could lead to a rebound toward $79,500–$80,000. For Ethereum, watch for a break above $2,260; if it clears that level, it could reach $2,280–$2,300.
Based on current market conditions, this looks more like a technical rebound after a sharp drop, and a trend reversal is not yet confirmed. Trade cautiously: keep positions small, use low leverage, don't chase rallies or blindly buy the dip, and wait for a clear market direction before entering.
$BLESS #两地址约12.8亿枚USDT遭冻结 #美国中期选举倒计时，美股博弈窗口已开启？ #瑞士首只现货比特币ETF预计11月上市
