#BTC 10.5 Early Morning Bitcoin Ethereum Market Analysis and Trading Suggestions



In the contract battlefield of the coin circle, your discipline is the foundation for never facing liquidation. Setting stop-losses is to preserve the green mountains; the true strong ones do not get carried away by profits or anxious about losses. After a strong rally, the market has not experienced a deep pullback but has entered a high-level consolidation phase. This trend is exchanging time for space and is undergoing technical repair. The bullish strategy we deployed before the holiday has brought steady returns to our students, fully validating the foresight and effectiveness of the strategy. If you wish to optimize your position allocation at this critical juncture and seize subsequent market opportunities, we welcome in-depth communication with you.

According to the analysis of the four-hour level trend, Bitcoin quickly reached a new high with a large bullish candle and then slightly retreated. It is currently in a high-level consolidation phase, with K-line patterns showing alternating small bearish and bullish movements. The price has not experienced a deep correction, indicating that the bulls still dominate. The current sideways movement is a consolidation structure. Against the backdrop of a generally upward trend, after the consolidation ends, it is expected to challenge the previous high again. Looking at the one-hour level, the price has been oscillating near the middle band of the Bollinger Bands, with the bands narrowing and volatility contracting, indicating that a directional choice is imminent. In terms of operations, maintain a bullish outlook in line with the trend, and it is recommended to establish long positions based on key support areas to capture opportunities for upward breakthroughs in the future.

You can go long on the big cake around 121000 in the early morning, with a target near 123000.
In the early morning, Ether can be bought around 4430, targeting near 4550 #GatePerpDEX正式上线 #十月加密市场预测 #Gate热门新币推荐 .
BTC0.29%
ETH2.6%
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GateUser-49736974vip
· 10-06 02:11
#ETH#Dear friends, the BTC market data is still beautiful at the moment. I believe the probability of breaking above 130,000 is very high. Gradually reduce leverage above 120,000, and clear all leverage above 125,000, leaving the Spot to ride out the bull tail. At this time, you must keep your eyes open and be cautious with the rhythm.
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GateUser-49736974vip
· 10-05 02:41
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