#美联储FOMC会议 6 October 18th Early Morning Trading Ideas
BTC Good evening brothers! The bearish strength in today's market is quite strong! As mentioned before, the market cannot keep rising forever, nor can it keep falling! It's time for battles again! I really hope for world peace! Once a battle starts, the bears become very aggressive! This afternoon, I posted that Bitcoin broke below 106000, directly going short, and there is already a profit of 2000 points! I also mentioned that Ethereum broke below 2580, directly going short! Both can see profits! Returning to the market, Bitcoin has reached the first support level of 104300; can it hold at the 1-hour closing level? If it cannot hold, it may drop to 103800 and 103000! Pay attention to entering long positions! Beware of a spike around 102600! If the 1-hour closing can stay above 104300, then long positions can enter! The upcoming resistance levels are 105600, 106000, and 106500! Short positions should pay attention to entering!
ETH Ethereum has already broken below the support level of 2500 and just dipped to 2480! It has reached the first entry position for going long that I posted today! If the 1-hour level can stabilize around 2500, then the market may see a small rebound, with upcoming resistance levels at 2530, 2550, and 2580! Short positions can pay attention to entering! If the 1-hour level breaks below 2480, long positions should exit! Wait to enter at lower levels of 2450, 2400, and 2380!
SOL Solana is also in a downtrend, with resistance levels at 151 and 153! Short positions should pay attention to entering! Current support levels are 145, 140, and 138! Long positions should pay attention to entering! As long as the rebound does not exceed 151, we can short with small positions!
Currently, Bitcoin is still in a 4-hour downtrend and has not shown signs of a rebound! It's best to enter long positions with small amounts! If you don't understand the market, don't easily enter, and do not blindly chase shorts or longs! This market is about the ability to survive, not just about making a profit on one trade and losing on another! $BTC