10.16 BTC, ETH Intraday Market Analysis and Trading Suggestions


The intraday BTC market is forming strong resistance around the 113500 level. After a rebound during the day touched this position, it quickly fell back, reaching a low near the 110000 round number. From the day's trend, it can be seen that there is concentrated selling pressure above and clear resistance patterns. In the current market, the "short" strategy remains the core, and strict risk management should be implemented during operations to avoid holding positions.
Operation suggestion:
BTC can be shorted in the range of 111500-112000, with a target looking down at 109500-107500.
ETH suggests entering a short position in the range of 4010-4050, targeting 3900-3750. #抄底币种推荐
ETH2,13%
BTC1,78%
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