Today, Bitcoin experienced a pullback influenced by news, with prices briefly retreating to around 114000 for consolidation. Although the daily trend appears slightly weak, the overall upward trend remains intact. Short-term support is around 112900; unless a new significant negative factor arises, the probability of further decline is low. Currently, it seems that this round of consolidation is likely just a phase of repair, and the market expectations may once again turn positive after the Federal Reserve announces interest rate cuts in October.
As for Ethereum, it broke through a short-term key level of 4130 today, causing short-term sentiment to be dampened. The trend was originally strong, but an unexpected negative factor made the market somewhat passive. Watch for support at 4040; as long as this line holds, there is still room for a rebound; if it breaks, it may turn towards below 4000, requiring close observation in the short term. Overall trend-wise.
In summary, the market's pullback today is more due to news disturbances. Although there are short-term fluctuations, the main trend remains upward, and it currently resembles a healthy adjustment rather than a trend reversal.
Additionally, the primary market's X402 sector is quite hot right now, and there hasn't been a standout leader on the BSC chain yet, so it can be a key focus!

