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Analysis of the latest market trends for BTC and ETH: On 10/9, a clear range oscillation pattern was observed within the 4-hour cycle, with low market volatility and clear key support and resistance levels. The technical indicators show that the market is currently near the middle band of BOLL, and the moving average system is tangled, indicating an unclear trend direction. Although a bullish engulfing pattern and the support level of 121081.5 suggest some rebound potential, the lack of momentum and conflicting trend signals limit the upward space for prices. The current market is in a low volatility range oscillation state, and the price is close to a strong resistance level of 126208.5. Combining the tangled moving averages and weakening momentum signals, it is expected that the price will struggle to break through the resistance level, thus adopting a high sell shorting strategy.
Operational advice:
BTC: Enter around 123000-123300, short-term target near 121000,
ETH: Enter the market around 4390-4420, short-term target near 4300 #美联储降息预期升温 #十月加密市场预测 #贝莱德连续七周增持BTC