[Market Analysis Today - 10.21]

For educational purposes only regarding technical analysis, not an investment advice, profits and losses are at your own risk.

1. Overview of the Market
Overall, it still leans bearish, but the bearish momentum has significantly eased compared to the previous days.

• Dealer Chips: Short positions are evident, need to guard against a pullback from high levels.
• Market Sentiment: Neutral, increasingly cautious, panic dissipating
• Capital situation: Ample liquidity, no signs of flash crashes.

💬 Public Opinion Information:
• The Federal Reserve will hold a conference on Bitcoin and cryptocurrency payment innovations, with policy trends drawing attention.
• Bullish confidence increases after ETH holds steady at $4000
• The market capitalization of cryptocurrencies surged by $120 billion in a single day, with some mainstream coins experiencing a recovery rebound.

2. Bitcoin (BTC) Intraday Trading Analysis

• Short positions on chips are concentrated, but super whales are showing signs of accumulation.
• Strengthening the Long Position Power Locally
• Market sentiment is somewhat pessimistic, but the risk of extreme downturn has decreased.

🎯 Trading Opportunities and Levels:

🛡️ Support Zone: 108,000～109,500 USDT
✅ DCA in batches | 🛑 Stop loss at 107,500 | 🎯 Target 112,000～113,500

🚧 Pressure Zone: 112,000～113,500 USDT
❗ Stop profit / light short position | 🛑 Stop loss 114,500 | 🎯 Target 109,500

⚡ Suggestion: Use a light position for quick entry and exit, avoiding chasing highs and selling lows.

3. Ethereum (ETH) Intraday Trading Analysis

• Market sentiment is clearly optimistic, with bulls on the rise.
• Capital flow back is evident
• The short positions dominate, but the long positions are gradually recovering.

🎯 Trading opportunities and levels:

🛡️ Support Zone: 3,900～3,940 USDT
✅ DCA in batches | 🛑 Stop loss at 3,870 | 🎯 Target 4,050～4,120

🚧 Pressure Zone: 4,050～4,120 USDT
❗ Encountering stop profit/light short position | 🛑 Stop loss 4,180 | 🎯 Target 3,960

⚡ Operation Suggestion: Active trading, flexible positions, strict risk control

🛡️ 4. Risk Warning and Follow-up Services
⚠️ Mainstream coins are undergoing short-term corrections, but the medium to long-term trend remains oscillatory.
💡 It is recommended to control your position, avoid blindly chasing the rise, and pay attention to changes in policies and capital flow.