Market Analysis for BTC/SOL/ETH on October 4th: The weekend bear trap is the biggest opportunity.
Last night, BTC once again surged to the resistance level we provided at 123600 and then retreated. Currently, BTC has achieved three consecutive daily gains, and a new historical high for BTC is likely to be set next week. So this weekend, we should boldly look for opportunities. The fact that it has been consolidating here for two days this weekend is the biggest bear trap.
$BTC Today, the short-term support is at 120900; if it holds, we can rebound and push higher. If it breaks, the support will be at 120200. The upper pressure is at 123600; we need to see if it can stabilize with consecutive bullish candles. If it stabilizes, it will aim for the resistance level at 124200.
$SOL The short-term support for the index today is 225.6, which is a range of box oscillation. The upper pressure is at 235.5, and if it stabilizes, we look at the pressure at 238. If 225.6 breaks the support, it will still be at 223.
$ETH There is also a box oscillation range here for ETH. The upper pressure is 4540; if it breaks through, the support and resistance will interchange, looking at pressures of 4575 and 4608. The lower support is 4404, and if it falls below the support, it will be at the position of 4360.
In summary, the three consecutive bullish candles we wanted have arrived today. Therefore, the weekend's sideways movement, which lures countless bears into the market, is our best opportunity to increase our positions. Here, we still firmly believe that next week will see a historical new high, as a trend is about to emerge, rather than a choppy range of moving up and down. Trust in the power of the trend! (Follow the section chief 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 measures.) #加密市场反弹