2025-10-24 02:13:44

10.24 BTC ETH morning thoughts

Last night, BTC and ETH slowly climbed after a pullback. Many people saw the rise and immediately changed their tune to bullish. But I want to say this – this little rebound is not a reversal, it's a trap!

BTC is currently hovering around 110500, with weak rebound and lack of upward momentum. Looking at the 4-hour chart, the price is capped near the middle band of the BOLL, with significant resistance at the 112000 level; if it can't break through, it will have to turn back. Although the MACD has barely formed a golden cross, the energy bars are lagging behind; the KDJ has also started to turn down, indicating that the bullish momentum is about to be exhausted.

Moreover, with the CPI data coming out tonight, the market could experience a shock at any moment. In a nutshell—Black Friday, don't blindly catch the knife! A rebound is just an opportunity to short!

Personal suggestion
BTC: Enter the range 1115-1123, target looking down at 1090, if it breaks down look at 1074!
ETH: Enter at 3930-3950, target down to 3820, if it breaks, look at 3700!
$BTC #Gate2025年第三季度报告发布

BTC-0,48%

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