October 8 Today's White Plate Thoughts

Last night, the U.S. stock market opened lower and continued to fall, with Ethereum breaking the key support level of 4250. Bitcoin has dropped to a low of 112500, and the 3-day line has now fallen below the middle track! If the previous low cannot hold, it is very likely to return to the 100,000 level tomorrow! Trading suggestion: Short near 114000, looking to see if it breaks below 118500 to reduce positions and continue looking down! If support is encountered, consider going long at 112000.

Ethereum has broken through the support and is expected to continue downward, breaking the 4000 mark!