10.9 Market Update | BTC, ETH Trend Analysis and Trading Strategy

During this holiday, the market can be described as a mix of "surprises" and "heartbeats". From debates within the Federal Reserve to changes in geopolitical situations, various news intertwines and affects market sentiment. Although short-term volatility is intensifying, the overall trend is still worth patiently grasping.
📈 Current trend perspective:
Recently, BTC has experienced a pullback after continuous upward movement, which is a normal technical adjustment. Although short-term sentiment is bearish due to news influences, the overall structure remains intact, and there is still hope for stabilization and recovery after the pullback. Currently, technical indicators show a weak short-term outlook, but there is support below, and the medium to long-term trend has not changed.
🔍 trading strategy reference:
✅ BTC trading strategy:
1. Focus on the 120500-121500 area, consider taking a light position, set the stop loss below 119500, and aim for 122600-123500.
2. If the price rebounds to the range of 123200-124000, consider gradually entering positions, with a stop-loss set above 125000 and a target of 121500-120500.
✅ ETH trading strategy:
1. Focus on the 4480-4520 range, consider gradual positioning, set stop-loss above 4560, target around 4400, if it breaks down, look towards 4340.
2. Consider a light position in the 4360-4400 range, with a stop loss set below 4300 and a target of 4470-4520.
💡 Warm reminder:
The market changes rapidly, and the trading strategy needs to be adjusted flexibly. The above content is only a personal market analysis and does not constitute any investment advice. Specific operations need to be adjusted flexibly according to real-time market conditions.