Good morning, frens. Yesterday, after the coin price touched the lower support, it showed a continuous slow rise rebound. In the evening, influenced by the big dump in the US stock market, the coin price suffered a Waterloo-style sharp decline, with a cumulative drop of over 4500 points, while Ether also experienced a pullback of over three hundred points. This round of pump during the holiday may come to an end. The short-term bullish strategy I provided yesterday afternoon has also been perfectly realized again, and the sharp drop in the evening was successfully avoided. The actual trading during the National Day holiday can be said to be a great success. So, for the upcoming market layout, I will keep updating the strategy in real-time to help all my frens seize the current golden autumn of October.


Looking at Bitcoin on the four-hour chart, the coin price tested the mid-support and then experienced a slight rebound. Subsequently, it formed a large bearish candle and quickly fell near the lower boundary, completely engulfing the space created by the previous days' oscillation and rise. After that, the coin price saw a certain degree of rebound, and the current rebound trend is still continuing. If the market strongly breaks through the mid-support, the previous upward structure may be affected. After a period of consolidation and repair, the coin price may start to enter a pullback phase. In the short-term hourly chart, after the coin price rapidly fell below the lower boundary with consecutive large bearish candles, the continuous oversold condition has gradually increased the demand for rebound repair. However, despite the significant decline, there has not been a noticeably strong rebound but rather a current technical repair. Based on the current structure and trend, after the consolidation and repair, the coin price is expected to continue the prior retracement trend. It is advisable to maintain a bearish outlook and participate in short positions during the rebound.
Short the big coin around 122200, pay attention to around 121200, short the second coin around 4500, pay attention to around 4400.
#BTC再创新高 #十月加密市场预测 #F1红牛观赛分享
ETH-7,24%
BTC-6,02%
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