Today’s market analysis on 10/3:
The market is currently in a four-hour downward trend, with significant adjustments at midnight, and the overall market atmosphere is bearish. In this scenario, the price is testing the support of the 60,000 mark, which further strengthens the bearish market view.
After entering the morning trading stage, 61500 points continued to show strong resistance, which was an additional confirmation signal of market weakness. Action can be taken when the price approaches or hits the 61,500 resistance level and shows signs of inability to break above.
Suggestions
BTC short-term: short near 61500, target 59500
ETH short-term: empty near 2400, target 2380
