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Bitcoin and Ethereum Market Analysis on October 14: BTC and ETH Today's Highlights

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Bitcoin and Ethereum Market Analysis on October 14: BTC and ETH Today's Highlights

Market Review

BTC maintained consolidation yesterday, and the 4-hour trend is recovering. There was a slight pullback this morning, a corrective market, and the daily level is also recovering. Pay attention to the stabilization. The weekly trend is still healthy.

The two cakes follow the BTC to consolidate synchronously. The 4-hour trend is recovering and still needs to be sorted out and repaired. The daily level is also repairing.

The altcoins are consolidating synchronously with the mainstream. The altcoin index has recovered slightly, and most currencies have rebounded slightly. We will wait for the altcoins to stabilize before considering it. Recently, Binance has been active frequently, and Alpha points activities are constantly going on. You can brush up your points and get some free stuff.

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 112000-113000, and the upper resistance is 114500-115500.

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 4050-4100 and the upper resistance is 4250-4350.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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