Crypto_心诚
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10.12
The reasons for yesterday's sharp decline:
1. The U.S. government shutdown, causing panic due to the absence of economic data
2. U.S. stocks reached a high point, leading to profit-taking and a sell-off
3. The U.S. imposed a 100% tariff on China, causing panic
4. Various issues in the cryptocurrency space compounded: USDE circular leverage, Binance system faults
Citibank predicts that core inflation in September is expected to cool down, which is favorable for interest rate cuts; CICC's research report states that the Federal Reserve will continuously cut rates 3-4 times in Q4, slowing the rate of cuts by the first half of 2026.
Currently, we need to wait for two events to unfold gradually before the market starts to recover
(1) The U.S. government resumes operations and begins to release economic data (CPI data will be released on the 24th)
(2) The U.S. and China come to an agreement and establish a framework for the deal
The first item is estimated to be by the end of October
The second item is estimated to be in November
The more panic there is among others, the calmer we need to remain. Every panic, whether it's 312 or 519, in hindsight, is an opportunity.
BTC
Currently, the short-term outlook is primarily consolidation. The current environment and market cannot fully confirm the end of the decline, but the short-term position of 108300, as long as it does not break, will have a small rebound. After the rebound, it will undergo a secondary bottoming process on a four-hour level. So, in summary, during this period, it's better to use a small position to test the waters, and after testing, patiently wait for the exit segment. Support at 108300-103000, resistance at 113400-115300.
ETH
Ethereum is the same. Currently, it is fluctuating around 3721 to 3877. Pay attention to whether it can stabilize at 3877. If it stabilizes, it will challenge the range of 3900 to 4000. If it cannot stabilize, it will continue to fluctuate. At the same time, this position needs to pay attention to the exit segment after the four-hour level rebound ends, with support at 3750-3720-3610, and resistance at 3877-3900-4000.
SOL
For Solana, focus on the position between 176 to 190. I think 176 is a good position to buy the first batch.
#加密市场观察 $SOL $ETH
The reasons for yesterday's sharp decline:
1. The U.S. government shutdown, causing panic due to the absence of economic data
2. U.S. stocks reached a high point, leading to profit-taking and a sell-off
3. The U.S. imposed a 100% tariff on China, causing panic
4. Various issues in the cryptocurrency space compounded: USDE circular leverage, Binance system faults
Citibank predicts that core inflation in September is expected to cool down, which is favorable for interest rate cuts; CICC's research report states that the Federal Reserve will continuously cut rates 3-4 times in Q4, slowing the rate of cuts by the first half of 2026.
Currently, we need to wait for two events to unfold gradually before the market starts to recover
(1) The U.S. government resumes operations and begins to release economic data (CPI data will be released on the 24th)
(2) The U.S. and China come to an agreement and establish a framework for the deal
The first item is estimated to be by the end of October
The second item is estimated to be in November
The more panic there is among others, the calmer we need to remain. Every panic, whether it's 312 or 519, in hindsight, is an opportunity.
BTC
Currently, the short-term outlook is primarily consolidation. The current environment and market cannot fully confirm the end of the decline, but the short-term position of 108300, as long as it does not break, will have a small rebound. After the rebound, it will undergo a secondary bottoming process on a four-hour level. So, in summary, during this period, it's better to use a small position to test the waters, and after testing, patiently wait for the exit segment. Support at 108300-103000, resistance at 113400-115300.
ETH
Ethereum is the same. Currently, it is fluctuating around 3721 to 3877. Pay attention to whether it can stabilize at 3877. If it stabilizes, it will challenge the range of 3900 to 4000. If it cannot stabilize, it will continue to fluctuate. At the same time, this position needs to pay attention to the exit segment after the four-hour level rebound ends, with support at 3750-3720-3610, and resistance at 3877-3900-4000.
SOL
For Solana, focus on the position between 176 to 190. I think 176 is a good position to buy the first batch.
#加密市场观察 $SOL $ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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