Good morning, everyone. Yesterday the broader market finally saw a decent rebound, with BTC back above 80000. ETH and SOL rose along with it, and sentiment improved noticeably.
The market rally was mainly driven by stronger-than-expected U.S. ADP economic data for October, along with gains in U.S. stocks. However, I think this is still mostly a short-term sentiment recovery. It’s too early to say whether the downtrend has truly ended.
Today’s outlook: choppy with an upward bias; still bullish in the short term. After yesterday’s sharp rally, prices didn’t pull back much, suggesting that short-term bulls are still in the game and there may be further upside.
For BTC today, keep an eye on two key levels: support at 79000 and resistance at 82000. If it holds above 79000, I still favor a continued rebound toward 82000. A decisive break above 82000 could open up more room for short-term gains. If it falls below 79000, be prepared for the market to weaken again.
Futures strategy: favor buying on dips.
Go long near $BTC 79000, take profit at 81000—82000
Go long near $ETH 2360, take profit at 2480
Go long near $SOL 93, take profit at 98.5
My personal view: I still expect the market to trade choppily with an upward bias today, and short-term bulls may have more room to push higher. However, a trend reversal has not yet been confirmed on the daily chart, so it’s best not to get overly optimistic for now.
For now, continue buying on dips. I suggest sticking to short-term intraday trades; take profits when you can, and don’t skip your stop-loss.
For today, let’s keep an eye on the broader market’s 79000 and 82000 levels.
#美国ADP就业人数 #BTC #ETH #solana
The market rally was mainly driven by stronger-than-expected U.S. ADP economic data for October, along with gains in U.S. stocks. However, I think this is still mostly a short-term sentiment recovery. It’s too early to say whether the downtrend has truly ended.
Today’s outlook: choppy with an upward bias; still bullish in the short term. After yesterday’s sharp rally, prices didn’t pull back much, suggesting that short-term bulls are still in the game and there may be further upside.
For BTC today, keep an eye on two key levels: support at 79000 and resistance at 82000. If it holds above 79000, I still favor a continued rebound toward 82000. A decisive break above 82000 could open up more room for short-term gains. If it falls below 79000, be prepared for the market to weaken again.
Futures strategy: favor buying on dips.
Go long near $BTC 79000, take profit at 81000—82000
Go long near $ETH 2360, take profit at 2480
Go long near $SOL 93, take profit at 98.5
My personal view: I still expect the market to trade choppily with an upward bias today, and short-term bulls may have more room to push higher. However, a trend reversal has not yet been confirmed on the daily chart, so it’s best not to get overly optimistic for now.
For now, continue buying on dips. I suggest sticking to short-term intraday trades; take profits when you can, and don’t skip your stop-loss.
For today, let’s keep an eye on the broader market’s 79000 and 82000 levels.
#美国ADP就业人数 #BTC #ETH #solana