Night trend analysis on 10.5

Today, after Bitcoin reached its historical high, there was a significant surge during the day, followed by a one-hour level correction in the evening, and it is currently consolidating in the low region. The core of the night market will revolve around the upper and lower bounds of the current consolidation zone: if the bottom support is effectively broken, the bullish forces will truly show signs of fatigue; conversely, if the support level remains solid, the downward space for the market will be limited.

At night, watch the 1235 position for the big pie. Only if it closes above this position on the 1-hour level can we consider this pullback to be over and the market will continue to rise. Pay attention to the resistance levels around 124770-125850!
If it cannot stand above 123500 at night, it indicates that the bulls lack strength, and a pullback will start on the hourly level. Pay attention to the bottom at 122480 during the next retracement; if it doesn't break, there will still be a rebound. If it breaks the support level below, pay attention to the areas around 121500-119840-118300!

Pay attention to the position of 4555 during the Ethereum night. Only if the hourly close stabilizes above this position can we consider this pullback to be over and the market will continue to rise. Keep an eye on the resistance levels around 4586-4618-4655!
If it cannot stand above 4555 at night, it indicates that the bulls do not have the strength to start a pullback at the hourly level. Pay attention to the bottom at 4522 during the next retest. If it does not break this small level, it will still rebound. If the support below is broken, pay attention to the nearby positions of 4465-4425-4375! #BTC再创新高 #十月加密市场预测 #Gate热门新币推荐