Market analysis on October 12

Bitcoin (Big Cake):
Today, the key focus is on the critical level of 110630. If the hourly closing can stabilize above 110630, the rebound trend is expected to continue, with resistance levels to pay attention to at 112400, 113300, and around 114200.
Conversely, if the hourly closing price falls below 110630, it indicates that the current rebound has ended, and a pullback may begin. Subsequent pullback support levels to watch are around 109500, 108575, and 105000.

Ethereum (Ether):
The key observation point for today is the 3746 level. If the hourly close remains above this level, there is still upward potential, with resistance levels to watch at 3848, 3877, and around 3920.
If the hourly closing price falls below 3746, the rebound may come to an end, and the market will return to a downward trend. Pay attention to the support levels around 3690, 3640, and 3400.

SOL:
Today, we need to pay close attention to the level of 177. If the hourly closing price stabilizes above 177, it will have the momentum to continue moving upward, with resistance levels at 179, 184, and around 188.
If the hourly closing line breaks below 177, it indicates a lack of momentum in the rebound, and the market may continue to pull back. Pay attention to support levels around 175, 172, and 165. #CoinDesk9月Gate战绩来袭