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The first big step of the needle tree this month is getting closer and closer.
In September, the target of the low point was locked and it was copied in two main steps:
btc: 49300-45100;
ETH: 2022-1612;
sol: 104-86.
First, buy the first bottom at the lowest point of 49300, we can buy bottoms at points 50000, 49300, and 48888. After creating a new high point (expected highest at 59850), perform a pullback, and then buy the second bottom.
Towards the bottom: 45100 (if the target is on the average monthly line, it's close to 45100; usually need to consider the long shadow candle exceeding, so the bottom needs to be around 3000 points low), in the short term 51000 is the highest point, fluctuating for a while, then following the pump trend.
65000-45000/43000, this is a big swing trade with 7 downward waves. Last month there were 5 downward waves: 70000-49000. In 2 months, there has been strong volatility with a 2w point spread, certainly a large amount will be liquidated, need to pay close attention to risk management and carefully increase Long position in the meantime.