#BTC 10.24 midday Bitcoin Ethereum market analysis and trading suggestions

May you maintain inner peace amidst the fluctuations and stay clear-headed in the face of opportunities — the highest realm is to dance with the market while not losing your own rhythm. Looking back at the early session, Bitcoin surged to a high of 111240 and then halted, with bears dominating and pushing down to the low of 109260. It then began to rebound, rising to around 110500 now. The trend of Ether is also similar to Bitcoin, retreating from the early morning high of 3933 to the low of 3816 before halting and rebounding, now up to around 3880. We also positioned ourselves for long trades in Bitcoin and Ether this morning. In this market, the support below is quite strong, which confirms that our recent bullish strategy has been correct. The repeated oscillations and adjustments, stabilizing after pullbacks, are all meant to shake off those less determined participants.

According to the current market situation, the four-hour level shows that after a certain pullback, the market has welcomed a rebound, with prices briefly touching the middle line of the Bollinger Bands and leaving a certain lower shadow. This is enough to indicate that the middle line of the Bollinger Bands provides strong support and also serves as an important barrier for the bullish rebound. Therefore, as long as the market does not break below this position, the pullback is merely a normal corrective method. From the one-hour level, the market has formed a trend of four consecutive rising candles. The support area at the middle line of the Bollinger Bands provides a solid foundation for the market's upward movement, ensuring that prices receive effective support during corrections, thereby avoiding significant declines. Prices are firmly above this support area and use it as a springboard to initiate a new round of increases. Therefore, in our midday operations, we will maintain a low long strategy.

Buy Bitcoin around 109800 at midday, targeting 112000.
Midday Ether can be bought around 3840, with the target looking at 3950#Gate2025年第三季度报告发布 #广场创作者认证申请上线 #ETH反弹在即？ .