Bitcoin rushed to around 94,500 and was bored, and it didn't hold on to it, tossing around and then falling back. On the daily chart, it has been beaten against the upper track, and if you want to break up again, you have to inject new strength. The volatility has increased now, and whether it is a bull or a bear entering, you have to keep an eye on the key support and pressure.
The four-hour K-line is very interesting here - it has formed a double top with the previous high after the rise, and now the pattern of continuous negative line decline is very clear, and the probability of continuing to fall today is not small.
Bitcoin can consider short orders, the range of 92800-93500 enters, the first wave of targets is 91000, if it breaks again, it will aim around 88000.
In the case of Ethereum, the height of 3350-3380 is also a good point for shorting, look at 3200 first, break through and continue to go down.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
3
Repost
Share
Comment
0/400
GasFeeNightmare
· 9h ago
94500 is topped, this wave really has no momentum, and it is time for the bears to shoot
View OriginalReply0
LiquidityNinja
· 9h ago
94500 is cowardly, this wave is really boring. The double top is smashed down, and the empty order can be on the car.
#数字资产生态回暖 12 market combing on October 10
Bitcoin rushed to around 94,500 and was bored, and it didn't hold on to it, tossing around and then falling back. On the daily chart, it has been beaten against the upper track, and if you want to break up again, you have to inject new strength. The volatility has increased now, and whether it is a bull or a bear entering, you have to keep an eye on the key support and pressure.
The four-hour K-line is very interesting here - it has formed a double top with the previous high after the rise, and now the pattern of continuous negative line decline is very clear, and the probability of continuing to fall today is not small.
Bitcoin can consider short orders, the range of 92800-93500 enters, the first wave of targets is 91000, if it breaks again, it will aim around 88000.
In the case of Ethereum, the height of 3350-3380 is also a good point for shorting, look at 3200 first, break through and continue to go down.