The market is betting on the Fed's continuous rate cuts, and the price of coins has limited decline with cautious sell with bearish market! 10.25 BTC ETH strategy.

A report released by the U.S. on Friday showed that both overall and core inflation indicators were lower than expected in September, paving the way for the Fed to further advance interest rate cuts. The first major data since the White House shutdown did not disappoint the market. The market has increased bets on two interest rate cuts by the Fed this year. Moreover, expectations for further rate cuts by the Fed in January next year are also rising. Yesterday, the market was bullish during the day, and the midnight comment about the difficulty of sustaining bullish momentum in coin prices was indeed as expected, with a spike upwards followed by a drop in coin prices as anticipated! However, it did not reach the ideal short selling point, and no short positions were entered! The ETH long position is still being held! Friends who joined in can set a stop-loss for breakeven!
The daily chart shows two consecutive bullish candles, both of which have upper wicks, clearly indicating that there is strong buying interest. Coupled with the strong opening and rally of the U.S. stock market, the coin price is expected to continue its upward trend. The current daily chart still reflects a rebound from a bottoming pattern, so for intraday trading, Conan suggests focusing on buying on dips! Pay attention to resistance levels at 111600, 113000, 114000, and 115800, and support levels at 109200, 108200, 107500, 106600, 116000, 114400, and 113400.

10.25 Long Position Strategy:
Buy BTC on the pullback at 108700-109200, for conservative investors enter at 107700-108200, with a stop loss near 107000. The target is set at 110000-110500-111000, if it breaks, look for levels around 111600-112000-112500, and continue to adjust the stop loss based on the situation!
Enter long at ETH retracement 3870-3900, for conservative traders 3800-3830, with a stop loss near 3750. Target 3950-4000, if broken look at 4030-4050-4090. Continue to move stop loss to protect profit based on the situation!
Short position idea:
BTC rebounded to 113000-113500, trying to short one hand, with a defense near 114000, targeting around 112500-112000, if it breaks, look at around 111500-111000, continue to break and move the stop loss accordingly!
Short one hand at ETH rebound 4070-4100, defend near 4150, target at around 4000-3970, if broken look at around 3950-3930-3900, continue to adjust stop loss based on the situation!
The market is also in a fluctuating upward trend, and the lack of a breakthrough of the previous high is due to excessive selling pressure. Coupled with the strong performance of gold and the US stock market, funds are clearly being absorbed. However, with the international situation easing, gold is expected to pull back, and funds in the crypto space will also slowly accumulate. Everyone should be cautious about selling with bearish market!#CPIDataIncoming