1. BTC and Ethereum trend: There is still no sign of Rebound on the 4-hour chart, and the rebound strength on the smaller time frames is insufficient. It is recommended to wait for entry at strong support levels such as Maker and other strong support levels. BTC's strong support level is between 65500 and 64800, and ETH support level is between 2575 and 2540. Entering the market directly may lead to losses. Avoid chasing prices. 2. Downtrend pattern: The current market is forming a three-push pattern of a downtrend. Once this pattern is formed, something may happen. However, if the Rebound strength continues to weaken, the market may liquidate long positions before the Rebound. 3. support level situation: The support level of BTC66600 has not been effectively broken through, but the Rebound strength is relatively weak. The liquidation range is concentrated near 65550, with a liquidation volume of 4 billion US dollars. This range may be a potential entry point for long positions. 4. Game zone performance: Bigtime and PIXEL are leading, but due to the unstable BTC, it is recommended to partially exit the market when profitable to avoid market fluctuations causing a pullback. 5. Memes Coin Opportunity: The latest leading memes coin Neiro is worth following, and it is recommended to lie in ambush with Light Position at the price points of 0.00162 and 0.00152. Once it starts, it may experience a strong pump. 6. Characteristics of bull run: Unlike previous years, the current bull run has generally performed poorly from March to October. In this case, it is sufficient to seize profit opportunities without excessive pursuit of maximization.#币圈观察员 #Gate锦鲤
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#NEIRO Daily Interpretation 10.23 Summary:
1. BTC and Ethereum trend: There is still no sign of Rebound on the 4-hour chart, and the rebound strength on the smaller time frames is insufficient. It is recommended to wait for entry at strong support levels such as Maker and other strong support levels.
BTC's strong support level is between 65500 and 64800, and ETH support level is between 2575 and 2540. Entering the market directly may lead to losses. Avoid chasing prices.
2. Downtrend pattern: The current market is forming a three-push pattern of a downtrend. Once this pattern is formed, something may happen.
However, if the Rebound strength continues to weaken, the market may liquidate long positions before the Rebound.
3. support level situation: The support level of BTC66600 has not been effectively broken through, but the Rebound strength is relatively weak. The liquidation range is concentrated near 65550, with a liquidation volume of 4 billion US dollars. This range may be a potential entry point for long positions.
4. Game zone performance: Bigtime and PIXEL are leading, but due to the unstable BTC, it is recommended to partially exit the market when profitable to avoid market fluctuations causing a pullback.
5. Memes Coin Opportunity: The latest leading memes coin Neiro is worth following, and it is recommended to lie in ambush with Light Position at the price points of 0.00162 and 0.00152. Once it starts, it may experience a strong pump.
6. Characteristics of bull run: Unlike previous years, the current bull run has generally performed poorly from March to October. In this case, it is sufficient to seize profit opportunities without excessive pursuit of maximization.#币圈观察员 #Gate锦鲤