2025.10.20 Bitcoin Ethereum market analysis

BTC: Today is the first day of the weekly opening for Bitcoin. After the market retraced to a lower position last week, it closed back last night. After today's weekly opening, the market is slightly declining in a low opening pattern, and is currently gradually rising, quoted around 110000. From the weekly perspective, the continuous decline in the market has led to a significant bearish sentiment on the ma5. Whether it continues to decline or rebounds after hitting the bottom, a rebound this week is inevitable, with clear resistance above around 113500; From the three-day perspective, the recent market has large single amplitude fluctuations, and the strength of both upward and downward pullbacks is also relatively strong. This level also needs to fill the gap, and whether it can rise better depends on whether it can break through the ma5 at this level, which is around 1126; As for the E-line and the daily level, the market is currently exploring new lows again, with the RSI re-entering the oversold zone. The market successfully touches and rebounds, and the MACD for 8-12 hours is gradually turning from red to green. Therefore, the daily market is mainly bullish on the low, supplemented by the high; Resistance above is 113500 and 112600, support below is 107500 and 105200. ETH: The Ethereum market is rising synchronously, with two consecutive weeks testing the mid-track support. From the current perspective, the market is entering the weekly downtrend, but if the mid-track can effectively support, the market will rise again. Meanwhile, the market continues to impact the ma5 of the 2-3 day line. If it breaks through, it will mainly be bullish on the low; otherwise, it will still be bearish on the high. Pay attention to the small-scale downward movement below 4h, with resistance above at 4180 and 4340; support below at 3770 and 3480.