Friday, October 3rd, daytime outlook for BTC, ETH, SOL
I drank too much yesterday and took a day off. The increase this week has been quite strong, and after such a long time, it has returned to 120,000 again. The day before yesterday, I shared a light position that got stopped out. Losses are not scary; what's scary is being trapped and being liquidated without any capital left.
Back to the market, after Bitcoin broke through to around 121,000 last night, it has now started to show a demand for a pullback on the hourly chart. The momentum is not strong, and as long as it does not fall below 1183 during the pullback, the rebound will continue to strengthen. Only if it breaks below this level will the four-hour rebound be considered complete. All long positions should use this level as a defense, with an intraday reference for trading between the 1193-1188 range, and exit manually if it breaks below 1183. The rebound target resistance is at 120500-122100-123000. For short positions, at least wait for the second and third resistance levels to be considered. Pay attention to the risk of spikes with the non-farm payroll data at 8:30 PM.
After ETH rebounded to around 4560 in the morning, it began to make a small-level pullback. The initial support to pay attention to is around 4420. If this position is broken, watch for further support at 4370-4333. Positions for long trades should be monitored at these levels, and it is important to manage the position well. The rebound targets are 4550-4620-4700.
Watch for a small-level pullback in SOL around 225-222. If this level is not broken, the rebound will strengthen. Pay attention to the range around this position for orders. If it breaks below 220, the four-hour rebound will be completed, and manual exit for orders should be taken. The rebound target pressure is 235-241. #加密市场反弹
I drank too much yesterday and took a day off. The increase this week has been quite strong, and after such a long time, it has returned to 120,000 again. The day before yesterday, I shared a light position that got stopped out. Losses are not scary; what's scary is being trapped and being liquidated without any capital left.
Back to the market, after Bitcoin broke through to around 121,000 last night, it has now started to show a demand for a pullback on the hourly chart. The momentum is not strong, and as long as it does not fall below 1183 during the pullback, the rebound will continue to strengthen. Only if it breaks below this level will the four-hour rebound be considered complete. All long positions should use this level as a defense, with an intraday reference for trading between the 1193-1188 range, and exit manually if it breaks below 1183. The rebound target resistance is at 120500-122100-123000. For short positions, at least wait for the second and third resistance levels to be considered. Pay attention to the risk of spikes with the non-farm payroll data at 8:30 PM.
After ETH rebounded to around 4560 in the morning, it began to make a small-level pullback. The initial support to pay attention to is around 4420. If this position is broken, watch for further support at 4370-4333. Positions for long trades should be monitored at these levels, and it is important to manage the position well. The rebound targets are 4550-4620-4700.
Watch for a small-level pullback in SOL around 225-222. If this level is not broken, the rebound will strengthen. Pay attention to the range around this position for orders. If it breaks below 220, the four-hour rebound will be completed, and manual exit for orders should be taken. The rebound target pressure is 235-241. #加密市场反弹
