10.28 BTC Ether latest ideas



Yesterday, BTC surged, reaching a peak of 116400 before encountering resistance and pressure. During the early hours, it experienced a rapid decline, and as of now, the price has retraced to the 113800 level for consolidation.

From the current market perspective, the four-hour chart shows a four consecutive bearish decline; however, this pullback should be defined as a technical correction under a bullish trend, rather than a signal of a trend reversal.

Although the market is gradually approaching the middle track of the Bollinger Bands, it is still operating within an upward channel, and the key support level has not been broken; at the same time, the three tracks of the Bollinger Bands maintain an upward slope, further confirming the stability of the bullish structure. Therefore, the overall market tone still leans towards bullish.

Buy BTC near 113300–113800, looking up to 116000, 118000

Buy Ether near 4050-4100, looking up to 4200, 4300

#ETH链上活动升温 #你看好ERC-8004机器经济吗? #比特币行情分析
SOL0.99%
ETH2.15%
BTC1.88%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)