On Monday, liquidity increased, and prices continued the rebound trend after last Friday's non-farm payrolls. Seize the opportunity for pullbacks during the day!

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5 hours ago

Hot News:

  1. USDC Treasury issues an additional 50 million $USDC on the Ethereum network —
    The continuous issuance of tokens is a symbol of a bull market, meeting market demand and bringing high liquidity!

  2. The UAE will exempt cryptocurrency transfers and conversions from value-added tax.

  3. The probability of Trump being elected president on Polymarket rises to 50.8%, while Harris drops to 48.4%.

  4. Cryptocurrency companies raised $823 million in funding in September.

  5. Argentina's richest man praises Bitcoin's ability to withstand government intervention.

  6. Dubai's multi-commodity trading center collaborates with a Swiss blockchain venture capital firm to promote Web3 innovation.

BTC

According to the report on October 5, the breakthrough at 62500 provides an opportunity to go long on a pullback, looking upwards at 63900-64130. The current price has seen increased trading volume on Monday and has reached that area as expected! Currently observing if there is a small-level rejection of distribution? For short-term pullbacks, pay attention to buying opportunities around 62600-62300. The daily line's upper test target is at 65500-66000! The lower range of 59500-59000 can continue to wait; if the opportunity arises, continue to seize it!

ETH

According to the report on October 5, the price broke through 2403, and there was an opportunity to go long on a pullback. The current price has reached the 2480-2500 area as expected! Observe for small-level rejection distribution opportunities! For short-term pullbacks, focus on buying opportunities around 2445-2415! There is a short-selling demand when the price first reaches 2530-2570! The daily line's upward test target is 2640-2660!

SOL

The report on October 5 mentioned 140-138, which is unfortunate as it was very close to entry, with the price hitting a low of 141! The target has already broken through the 146-148 area! On a pullback to 146-144, pay attention to buying opportunities, and the upper range of 158-162 is waiting to be tested!

The information and data involved in this content are sourced from publicly available materials, striving for accuracy and reliability, but no guarantee is made regarding the accuracy and completeness of the information. The content does not constitute any investment advice, and any investment based on it is at your own risk!

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