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#BTC 10.2 Evening Bitcoin Ethereum market analysis and trading suggestions

Not being troubled by short-term fluctuations is the way to gain in the long-term cycle. With risk control as a shield and patience as a sword, one cultivates in the cryptocurrency contract market, reaping knowledge and growth. Looking back at today's white盘, the Bitcoin market from early morning to morning still maintains a fluctuating upward trend. The price first slightly retraced to the low point of 116690 before experiencing a strong surge, reaching a high point of 119456 before stopping and falling back. The Ethereum market moved in sync with Bitcoin, first retracing to the low point of 4286 in the early morning before rebounding, reaching a high point of 4423 by midday.

Currently, this stagnation pattern is more favorable to bears. The price has been oscillating for a long time without achieving a breakthrough, which has greatly consumed market patience and bullish strength, significantly increasing the risk of testing the key support at 118000 downwards. Once this support is broken, it will confirm a breakdown of the range and open up further downward space. Therefore, the current technical structure has turned cautiously bearish. In terms of operation, the focus should be on shorting on rallies, closely monitoring the gains and losses around the 118000 support line. Before the price effectively breaks through the 119500 resistance with volume, all rebounds can be seen as good shorting opportunities.

The evening Bitcoin can be shorted between 119200-118800, targeting around 117000.
In the evening, Ether can be shorted at 4420-4400, targeting around 4300 #GatePerpDEX正式上线 #成长值抽奖赢iPhone17和周边 #加密市场反弹 .