Market Analysis for BTC/SOL/ETH on October 4: The weekend bear trap is the biggest opportunity.
Last night, BTC once again surged to the resistance level we provided, above 123600, and then fell back. Currently, BTC has achieved three consecutive daily gains, and a new historical high for BTC is expected next week. So this weekend, we should boldly look for opportunities. The two days of consolidation here over the weekend is the biggest bear trap. $BTC Today, the short-term support is 120900. If it holds, there can be another rebound to gain height; if it breaks, the support will be at 120200. The upper pressure is at 123600, and we need to see if it can stay above with consecutive positive days. If it stabilizes, it will aim for the resistance at 124200. $SOL The short-term support for the index today is 225.6, which is a range of box oscillation. The upper resistance is at 235.5, and if it stabilizes, we look at a resistance at 238. If 225.6 breaks the support, it will drop to 223. $ETH There is also a box consolidation range here, with resistance at 4540. A breakout above will switch the support and resistance, looking at resistance levels of 4575 and 4608. Support is at 4404, and if it breaks below this support, the next level is at 4360. In summary, the three consecutive bullish candles we wanted have appeared today. Therefore, a weekend of sideways movement, enticing countless bears to enter, is our best opportunity to increase positions. Here, we still firmly believe that a historical new high will be reached next week, as a trend is about to emerge, rather than remaining in a volatile range of going up and down. Trust in the power of the trend! (Follow the department head for daily updates on market analysis and precise entry points, long and short positions are for B friends' reference only, with strict stop loss and take profit.) #加密市场反弹
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Market Analysis for BTC/SOL/ETH on October 4: The weekend bear trap is the biggest opportunity.
Last night, BTC once again surged to the resistance level we provided, above 123600, and then fell back. Currently, BTC has achieved three consecutive daily gains, and a new historical high for BTC is expected next week. So this weekend, we should boldly look for opportunities. The two days of consolidation here over the weekend is the biggest bear trap.
$BTC Today, the short-term support is 120900. If it holds, there can be another rebound to gain height; if it breaks, the support will be at 120200. The upper pressure is at 123600, and we need to see if it can stay above with consecutive positive days. If it stabilizes, it will aim for the resistance at 124200.
$SOL The short-term support for the index today is 225.6, which is a range of box oscillation. The upper resistance is at 235.5, and if it stabilizes, we look at a resistance at 238. If 225.6 breaks the support, it will drop to 223.
$ETH There is also a box consolidation range here, with resistance at 4540. A breakout above will switch the support and resistance, looking at resistance levels of 4575 and 4608. Support is at 4404, and if it breaks below this support, the next level is at 4360.
In summary, the three consecutive bullish candles we wanted have appeared today. Therefore, a weekend of sideways movement, enticing countless bears to enter, is our best opportunity to increase positions. Here, we still firmly believe that a historical new high will be reached next week, as a trend is about to emerge, rather than remaining in a volatile range of going up and down. Trust in the power of the trend! (Follow the department head for daily updates on market analysis and precise entry points, long and short positions are for B friends' reference only, with strict stop loss and take profit.) #加密市场反弹