Views on BTC, ETH, and SOL for Tuesday, October 14.
Last night's four-hour rebound looked really good, but unfortunately it couldn't withstand today's news impact. The important support at 113200 was broken, and the four-hour rebound has disappeared. The market will continue to show weakness for a while. If the four-hour rebound cannot recover above 1130, we should first look for a pullback. Pay attention to the support around 109500 for the pullback. If the 1095 position is broken, the decline will accelerate again towards the vicinity of 108000-107300. For the short term, let's temporarily not consider opening a position; the rebound strength is insufficient, and the space is limited, posing a high risk. We will consider it after stability. During the day, pay attention to the 111300-111800 range for rebound orders. If the rebound recovers to 113000, exit the rebound orders and look for target support around 109500-107000. Pay attention to the rebound pressure of ETH around 4080. If it cannot recover this position within four hours, we look for a pullback. For the pullback support, pay attention to around 3840. If it breaks this position, the decline will accelerate again around 3700-3650. During the day, pay attention to the range of 3980-4040 for a rebound and set a stop-loss at the breakout above 4080. No consideration for short positions at the moment. The pullback of SOL is slightly weaker, and the 190 level has not been broken yet. However, the overall market is weak, and the upward momentum will not last long. Sooner or later, it will be dragged down into a crash. After breaking the 190 level, the decline will accelerate, with further support around 185-174. Any intraday rebound without breaking 200 will look for a pullback. Pay attention to the range around 197-195 for shorts, and if the rebound breaks 200, stop-loss for shorts and exit. Pullback targets are 190-185-174. #中美贸易战新进展
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Views on BTC, ETH, and SOL for Tuesday, October 14.
Last night's four-hour rebound looked really good, but unfortunately it couldn't withstand today's news impact. The important support at 113200 was broken, and the four-hour rebound has disappeared. The market will continue to show weakness for a while. If the four-hour rebound cannot recover above 1130, we should first look for a pullback. Pay attention to the support around 109500 for the pullback. If the 1095 position is broken, the decline will accelerate again towards the vicinity of 108000-107300. For the short term, let's temporarily not consider opening a position; the rebound strength is insufficient, and the space is limited, posing a high risk. We will consider it after stability. During the day, pay attention to the 111300-111800 range for rebound orders. If the rebound recovers to 113000, exit the rebound orders and look for target support around 109500-107000.
Pay attention to the rebound pressure of ETH around 4080. If it cannot recover this position within four hours, we look for a pullback. For the pullback support, pay attention to around 3840. If it breaks this position, the decline will accelerate again around 3700-3650. During the day, pay attention to the range of 3980-4040 for a rebound and set a stop-loss at the breakout above 4080. No consideration for short positions at the moment.
The pullback of SOL is slightly weaker, and the 190 level has not been broken yet. However, the overall market is weak, and the upward momentum will not last long. Sooner or later, it will be dragged down into a crash. After breaking the 190 level, the decline will accelerate, with further support around 185-174. Any intraday rebound without breaking 200 will look for a pullback. Pay attention to the range around 197-195 for shorts, and if the rebound breaks 200, stop-loss for shorts and exit. Pullback targets are 190-185-174. #中美贸易战新进展