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Analysis of the trend within 10.7 days
The big cake has once again broken through strongly, reaching a historical high! Currently, several cryptocurrencies are experiencing slight pullbacks in the 1-2 hour period. Today, it is crucial to pay attention to the support area marked by the white line. If the price can regain this line within 1-2 hours, it indicates the end of the short-term adjustment, and the market is likely to strengthen again, continuing to break upward.
From the 4-hour level, the Bitcoin KDJ has formed a death cross, and the short-term technical indicators are slightly bearish. If it breaks below 1239 and cannot recover, it may trigger a deeper pullback; however, if it continues to hold above 1239, the support below remains solid, and it is highly likely to maintain a strong oscillating upward pattern. Keep an eye on the key levels and grasp the rhythm!
Pay attention to the position of 124860 today. As long as the 1-2 hour level closes and stabilizes above this position, the small level pullback will end and the market will continue to rise. The upper resistance level to watch is the previous high at 126210!
If the 1-2 hour level cannot hold above 124860 today, then it will continue to pull back at the 1-2 hour level. Pay attention to the support levels around 123900-122700-121505!
Pay attention to the level of 4695 for Ethereum today. As long as the 1-2 hour candle closes and stabilizes above this level, this minor pullback will end, and the market will continue to rise. The resistance levels above are around 4730-4766-4796!
If the 1-2 hour level cannot hold above 4695 today, then the 1-2 hour level will continue to pull back, with support levels to watch near 4660-4628-4597! #BTC再创新高 #十月加密市场预测 #Gate热门新币推荐