Market Analysis on October 18th, 2021

BTC

BTC is in good trend, but in a strong bull trend of concept under the condition of currency and the mainstream currency is not friendly, will cause the lack of liquidity, once hit plate of other currencies will fall more, hit a plate of prophase strong currency last night, there is a certain range of the callback, but BTC dip picks up, follow the currency is very few. BTC unless the funds are particularly large need to invest, otherwise as far as possible the current wait and see.

ETH

ETH one hour level once BTC diving, will follow the wind to kill, the strength is weaker than BNB, also weaker than BTC, need to pay attention to the market before the bull ETH has been very weak, history will not repeat, but the history will be similar. Once ETH is weak and strong, mainstream and conceptual currencies will alternate. Support 3628, pressure 4000.

Risk Warning

The above analysis is for reference only. Please be cautious when invest as there are risks in the currency market.

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