📍October 6th #BTC #ETH Market Analysis

First, I noticed $BTC

This upward trend really caught me off guard

Yesterday, I also posted a tweet saying, "It's time to reflect on why I hesitated to go long when the pin was inserted"

🙊 Took a glance, stood above the trend line, decisively went long, and the profit target wasn't much, just 2700 points

Last night, it continuously broke through resistance levels and directly returned to 110,000

🚀 With a volume contraction, it pulled back near 108,900. I think it’s still an opportunity to go long

Potential support and resistance swap, and it aligns with the current segment's Fibonacci 0.382

There exists a difference of about 300 points, but it can be considered a resonance

🥳 Speaking of $ETH

After I posted in the afternoon, preparing to hit the profit target

I couldn’t stay awake at night and ended up sleeping, not expecting a big move at night

It has returned to around 2700, and now it’s starting a healthy pullback

It might also end if it touches 0.382

👀 Today's Knowledge Point: 50% Rule! 👀

During the current surge! The pullback has already taken up 50%! At this point, don't blindly chase longs!

As long as the pullback exceeds 50%, it indicates a sharp reduction in bullish strength, be cautious of a potential trend change!

This 50% pullback has already been marked on the chart

The key points to pay attention to right now are around 2640 and 2580, watching where the pullback goes

Specific situations should be handled specifically, and I will update.