Bitcoin and Ethereum Latest Market Trend Analysis: 10/9

Analysis of the latest market trends of Dabing Yitaifang: On October 9, there was an obvious range-bound oscillation pattern in the 4-hour cycle, with low market volatility and clear key support and resistance levels. Technically, the shipping situation is currently near the middle track of BOLL, and the moving average system is entangled, indicating that the trend direction is unclear. Although the bullish engulfing pattern and the support level of 121081.5 form a certain rebound potential, the lack of momentum is inconsistent with the trend signal, limiting the upward space of the price. The current market is in a low-volatility range-bound oscillation state, and the price is close to the strong resistance level of 126208.5. Combined with the moving average entanglement and the signal of weakening momentum, it is expected that the price will find it difficult to break through the resistance level, so a high-selling short-selling strategy is adopted. Operational suggestions: Dabing: Enter the market near 123000-123300, with a short-term target near 121000, Yitai: Enter the market near 4390-4420, with a short-term target near 4300