Night views on BTC and ETH for Tuesday, October 21.
Gold fell 6% today, marking the largest intraday drop in history, just as BTC plummeted on October 11 and gold surged. Now, it's just a reversal of roles. After the big coin tested 107300 this morning without breaking below, it rebounded after breaking 1096 in the evening, regaining strength once again. The morning's drop was likely just due to the emergency risk-averse sentiment following Trump's sudden proposal to increase tariffs last night. It's truly a day of changing directions, but the end result is still a rebound. Currently, the big coin has once again approached the pressure level of 113500, which has been tested multiple times without success. Since the pullback here didn't yield a profit, I won't open a position today. If it breaks this pressure level, the rebound could strengthen and test the higher pressure levels of 114500-115800. A more cautious approach could be to pay attention around this level.
The rebound strength of ETH during the day is indeed not as strong as BTC, but at least the rebound has started to recover. In the short term, the rebound pressure should focus on 4100. If this pressure level breaks, the rebound will strengthen further to test around 4220-4300. Keep an eye on this position nearby. #十月加密市场预测
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Night views on BTC and ETH for Tuesday, October 21.
Gold fell 6% today, marking the largest intraday drop in history, just as BTC plummeted on October 11 and gold surged. Now, it's just a reversal of roles. After the big coin tested 107300 this morning without breaking below, it rebounded after breaking 1096 in the evening, regaining strength once again. The morning's drop was likely just due to the emergency risk-averse sentiment following Trump's sudden proposal to increase tariffs last night. It's truly a day of changing directions, but the end result is still a rebound. Currently, the big coin has once again approached the pressure level of 113500, which has been tested multiple times without success. Since the pullback here didn't yield a profit, I won't open a position today. If it breaks this pressure level, the rebound could strengthen and test the higher pressure levels of 114500-115800. A more cautious approach could be to pay attention around this level.
The rebound strength of ETH during the day is indeed not as strong as BTC, but at least the rebound has started to recover. In the short term, the rebound pressure should focus on 4100. If this pressure level breaks, the rebound will strengthen further to test around 4220-4300. Keep an eye on this position nearby. #十月加密市场预测