Lunch Analysis: Released on 10.21-13:53



First, we see Bitcoin. Yesterday, it started from the 107300 line, which means that if it stabilizes at this line as mentioned over the weekend, it will continue to rise, looking at the effective resistance point of 111215 on the hourly chart. Last night, it also reached the 111600 line, faced pressure, and began to fall back. Currently, it is at the 107500 line, and the minute-level rebound is overall weak. The focus should be on the effective support level at 105558 below. From the daily chart, it does not recover the confidence of this bullish wave. In the future, Bitcoin will likely test the 102100 level. The main strategy going forward is to short on rallies. Without any major positive news this week, don't hope for a big rally; just be at ease as a bear.

First, let me talk about the second coin. Its trend is extremely unstable and often deviates from the influence of Bitcoin, moving independently. For those seeking stability, it is advisable to focus on Bitcoin. Yesterday, the second coin surged to around 4083 before starting to pull back, with key resistance above mentioned as 4088-4130. Currently, the second coin is at the 3860 position, experiencing a minute-level rebound. Key attention should be paid to the effective resistance point at 3927 above, as well as the effective support at 3773 below. The daily line closed at 3977 this morning, forming a doji star, and it is highly likely to fill the last gap at the 3500 line. I hope to leverage the favorable news from interest rate cuts to make a comeback; otherwise, the altcoins will bleed profusely. Good luck to everyone!
#今日你看涨还是看跌? #大盘走势 $BTC $ETH
BTC-1.79%
ETH-2.63%
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XiaoNingEarnsALotOfvip
· 18h ago
Hurry up and enter a position! 🚗
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ZezheIsAmazedvip
· 19h ago
Interest rate cut at the end of the month
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