Good afternoon! The second wave of the rise on the 4H level of Bitcoin has appeared, and currently, there are signs of a top-side consolidation in the smaller time frames. As the end of the month approaches, the monthly and quarterly close is imminent, and the competition intensifies, so we cannot rule out another surge in the near future. This morning, there was another sharp increase, and we will first look for a pullback confirmation during the day. Key positions hold firm, the trend continues, and a pullback is an opportunity to go long; If it breaks, the short position can continue to be held, and the secondary support below should be monitored. Long traders: Look for a bottoming structure on the 15-minute chart; if key levels are not broken, you can try going long with a light position; if support is broken, the downside opens up, so be cautious of losses.
Today's trend: Bitcoin is retracing today; pay attention to the position at 113660. As long as it doesn't break this position on the retracement, the bullish trend is still intact. A small-level retracement will still lead to an upward movement. Watch for resistance levels around 114800-116050-117035! If today it pulls back and breaks below the 113660 level, then a correction will start at the 1-2 hour level. Pay attention to the support levels near 112640-111510-110695!
Ethereum is pulling back today; pay attention to the 4177 level. As long as this level holds, the bullish trend remains. A small pullback is still likely to go up. The upper resistance levels to watch are around 4246-4305-4351! If today it retraces and breaks below the 4177 level, then a pullback may begin on the 1-2 hour timeframe. Pay attention to the support levels near 4135-4095-4055! SOL is pulling back today, pay attention to the 210 level. As long as it doesn't break this level on the pullback, the bullish trend remains intact. A small pullback at lower levels will still lead to an upward movement. The upper resistance levels to watch are around 214-219-224! If it falls back below the 210 level today, then a correction will start on the 1-2 hour timeframe. Pay attention to support levels around 204-200-195! #GatePerpDEX正式上线 #成长值抽奖赢iPhone17和周边 #加密市场反弹
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Analysis of the intraday trend on September 30
Good afternoon!
The second wave of the rise on the 4H level of Bitcoin has appeared, and currently, there are signs of a top-side consolidation in the smaller time frames. As the end of the month approaches, the monthly and quarterly close is imminent, and the competition intensifies, so we cannot rule out another surge in the near future. This morning, there was another sharp increase, and we will first look for a pullback confirmation during the day.
Key positions hold firm, the trend continues, and a pullback is an opportunity to go long;
If it breaks, the short position can continue to be held, and the secondary support below should be monitored.
Long traders: Look for a bottoming structure on the 15-minute chart; if key levels are not broken, you can try going long with a light position; if support is broken, the downside opens up, so be cautious of losses.
Today's trend:
Bitcoin is retracing today; pay attention to the position at 113660. As long as it doesn't break this position on the retracement, the bullish trend is still intact. A small-level retracement will still lead to an upward movement. Watch for resistance levels around 114800-116050-117035!
If today it pulls back and breaks below the 113660 level, then a correction will start at the 1-2 hour level. Pay attention to the support levels near 112640-111510-110695!
Ethereum is pulling back today; pay attention to the 4177 level. As long as this level holds, the bullish trend remains. A small pullback is still likely to go up. The upper resistance levels to watch are around 4246-4305-4351!
If today it retraces and breaks below the 4177 level, then a pullback may begin on the 1-2 hour timeframe. Pay attention to the support levels near 4135-4095-4055!
SOL is pulling back today, pay attention to the 210 level. As long as it doesn't break this level on the pullback, the bullish trend remains intact. A small pullback at lower levels will still lead to an upward movement. The upper resistance levels to watch are around 214-219-224!
If it falls back below the 210 level today, then a correction will start on the 1-2 hour timeframe. Pay attention to support levels around 204-200-195! #GatePerpDEX正式上线 #成长值抽奖赢iPhone17和周边 #加密市场反弹