September 29 BTC/SOL/ETH market analysis: as expected, rise, welcoming the National Day gift coins market!



Yesterday's reminder was very on point, as BTC broke through the triangle consolidation and started to rise. Last Friday's livestream also repeatedly emphasized that without consecutive declines, it is a V-shaped reversal trend. Here, I can only provide you with a definitive answer; you can refute it, but in the end, who wins or loses will be determined by the facts! Currently, BTC's daily chart has shown a rebound, but it needs to be confirmed whether the three-day line can ultimately form a bottom model. If so, the first target will naturally be the rebound between the daily mid-track of 114000-115000.
$BTC The support for BTC today is at 111100; if it holds, a rebound is possible. If it breaks, the support will shift to 110350. The upper high point is at 112200; if it stabilizes here, we will look for resistance at 113250. Further up, the resistance is at 114600.
$SOL broke through the downward trend line mentioned in yesterday's reminder and reached the 210 resistance level, which was also mentioned to you yesterday. Currently, if the short-term support at 206 holds, it can bounce back; if it breaks, the support will be between 202-203. Currently, the short-term resistance is at 213; if it stabilizes above this level, the pressure will be at 219, so don't short randomly.
$ETH Yesterday, Ethereum mentioned to focus on the 4050 selection. If it goes up, watch for 4150. This morning it reached 4143 and then came down. Currently, 4050 has become short-term support again; if it holds, there can be a rebound. The next support below is at 3990. If it breaks through 4150 again, the pressure will be at 4280. With this kind of movement, don't rush to short.

In summary, the rise in the daily chart of BTC has given us hope for the three-day bottom model. Whether it can pump during the National Day holiday depends on the success or failure of this three-day bottom model. We can continue to look forward to it!
BTC1.45%
ETH-0.14%
SOL-0.95%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)