[Market Analysis Today - 10.4]

For educational purposes only in technical analysis, not constituting investment advice, profit and loss are at your own risk.

🌤️ 1. Overview of the Market
The market remains bullish, with popular cryptocurrency holdings highly concentrated and the bulls clearly in control.
The overall funding situation is extremely tight, but the main buyers in the market remain active, and the short-term momentum is expected to continue strongly.

⚠️ The risk lies in the severe fluctuations of the market. It is advised to strictly set stop-loss orders, reduce leverage, and be cautious of pullbacks.

2. Bitcoin (BTC) Intraday Analysis and Trading Levels

1. The dealer's chips are highly concentrated, and the main force holds a bullish position, with a clear signal of "whale accumulation".
2. Market sentiment is extremely optimistic, with short-term capital dominance in the hands of bulls.
3. The bullish momentum is sufficient, but one must guard against high-level fluctuations and rapid pullback risks.

🎯 Key Reference:

🛡️ Intraday strong support: 114,756 ~ 118,418 USDT (bullish liquidation zone, pullback has rebound opportunities)

🔄 Current consolidation zone: around 122,080 USDT

🚧 Main resistance level: 125,743 ~ 129,406 USDT (short liquidation zone, suggest taking profit in batches/attempting short positions when encountering resistance)

📋 Today's Strategy Suggestions:

✅ Support zone for buying low: Long position at 118,500, stop loss at 114,700, target 125,700 ~ 129,400

❗ Short position in the pressure zone: Attempt to short near 125,700 ~ 129,400 where it is stagnating, stop loss at 130,000, target at 121,000

🌿 3. Ethereum (ETH) Intraday Analysis and Trading Levels

1. The dealer's chips are concentrated, and the strength of the bulls is still online.
2. Market sentiment is mainly neutral, with some large holders reducing their positions in the last 24 hours, leading to a tug-of-war between short-term bulls and bears.
3. The support below is solid, while the resistance above is increasing, challenging 5,000 or fluctuating repeatedly before that.

🎯 Key Reference:

🛡️ Intraday strong support: 4,090 ~ 4,361 USDT (bull liquidation zone, dip buying in batches)

🔄 Current oscillation zone: around 4,495 USDT

🚧 Main resistance level: 4,765 ~ 5,005 USDT (short squeeze area, be cautious with profit-taking on rebounds)

📋 Today's Strategy Recommendation:

✅ Support zone dip buying: 4,100 ~ 4,360 buy orders in batches, stop loss at 4,050, target 4,765 ~ 5,000

❗ Short position in pressure zone: 4,765 ~ 5,000 hit resistance, can try shorting, stop loss at 5,050, target 4,360

📌 4. Today's Summary and Operation Reminders

The overall style still leans towards being more, but the market maker may cash out at any time. During high volatility periods, ensure risk control, and trade lightly with quick entries and exits ⚡