Bitcoin and Ethereum Market Analysis on October 13: What to Watch for BTC and ETH Today
Market Review
BTC rebounded from oversold yesterday, and the 4-hour trend has recovered. The daily level is also recovering. Pay attention to the breakthrough and stabilization of 117000. The weekly trend is still healthy.
The two cakes rebounded synchronously with the BTC, and the 4-hour trend is recovering. It still needs to be sorted out and repaired. The daily level is also repairing.
The altcoin rebounded synchronously with the mainstream, the altcoin index recovered slightly, and most currencies rebounded slightly. Wait for the altcoin to stabilize before considering it. Recently, Binance has frequent activities and Alpha points activities. You can brush the points and get some wool.
Today's highlights:
BTC 1-hour and 4-hour levels have returned to the healthy range, and the daily level is below the healthy range. It is expected to repair and consolidate during the day. The lower support is 113000-114000 and the upper resistance is 116000-117000.
ETH 1-hour and 4-hour levels have returned to the healthy range, and the daily level is below the healthy range. It is expected to repair and consolidate during the day. The lower support is 4000-4100 and the upper resistance is 4250-4350.
