PancakeDue to weekend reasons, market volatility has become the norm, with only over a hundred points of room in the white range until breaking through the bottleneck of 27200 in the early morning and reaching a high of 27293. From the perspective of the four hour structure, the currency price has retreated from the high point of 28295 to the low point of 26538 and then started to move upwards again! The current currency price is on the upper track, ending with a triple positive line
PancakeDue to weekend reasons, market volatility has become the norm, with only over a hundred points of room in the white range until breaking through the bottleneck of 27200 in the early morning and reaching a high of 27293. From the perspective of the four hour structure, the currency price has retreated from the high point of 28295 to the low point of 26538 and then started to move upwards again! The current currency price is on the upper track, ending with a triple positive line. The Bollinger Belt shows an opening trend, with KDJ indicators reaching above the 50 moving average and MACD double line upward. Long positions can replace both real and virtual positions. The sufficient cutting capacity indicates that the space above is still very large! Based on the structural chart of recent days, the upward pressure of 28600 has not broken through, but has arrived at the center near 27000, forming a center. The upward pressure does not break, and there is a high altitude and low participation around the interval.
Entry points: over 26800-26700
Stop loss: 26500
Stop profit: 27500-27600
The contractual perspective is for reference only, and one can control profits and losses independently
EthereumThe upward trend of volatility is currently fluctuating around 1560, which is also supported by the MA5 daily line. The upward pressure is also gradually rising, and the current attached indicators are also in a low and upward state. It is no problem to continue to be bullish in the short term, and the strength of the rise can still be seen in the day. The upward pressure is between 1610 and 1600, and the upward pressure cannot break through before continuing to oscillate, The intraday support is between 1550 and 1540, and the short-term volatility can reach the support below. To continue bullish, it is enough because the current daily market has already reached the support below. For the subsequent market trend, based on the support situation, we can see that the rising trend is waiting to break through.
Radical point: over 1550-1540
Stop loss: 1525
Stop interest: 1575-1581-1592
The contractual perspective is for reference only, and one can control profits and losses independently
Today's Key Financial Data and Events:
Daily Digital Currency Dynamic Summary
Ferrari began accepting cryptocurrency payments in the United States.
2. Australia plans to implement regulations on crypto exchanges.
3. :
4. Tether, the world's largest stable currency issuer, appoints a new CEO.
5. Grayscale: SEC GBTC ETF
HKVAC announces its quarterly adjustment results for its encryption index, which will take effect from October 20th.
The Moscow Exchange plans to release blockchain based real estate digital assets in 2024.
8. Upbit, a South Korean cryptocurrency exchange, has obtained principle approval for the license of a large payment institution in Singapore.
9. :
10. Bitcoin's computing power has reached a historic high of 455EH/s and is expected to reach half a ZettaHash by the end of the year.
The US government holds $5 billion in Bitcoin, and the sale is not determined by legal proceedings due to market conditions.
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