10.13 The market is about to rise sharply. The last chance to get on board and hunt the empty players.

It has risen to the resistance level again. Will it fall sharply or break through and rise sharply? BTC will have a big fluctuation within 48 hours. Are you ready to stand in line? Now the main players are not playing by the routine, because they usually fell on weekends before, but now they rise on weekends, so I think that the rise on weekends may be the real rise.

Besides, the big cake clearly broke the support of 59800, but it was pulled back, which shows that the main players used the multi-party stop loss orders to enter the market, and the multi-party stop loss turned into selling. The selling just matched the main players' willingness to go long, so the multi-party was hunted and stopped. When it rose again and broke through 62500, many short parties also began to stop losses and turned into buying. The short party served as fuel, causing the market to rise further to the current 63200. Now it is pulled to the resistance line. If it breaks through again, there will inevitably be another wave of accelerated rise, because the short party will serve as fuel again. I believe that the short party is trembling now.

Of course, in the short term, there is still a chance for another correction, because the fair value gap (FVG) below has not been filled. Once there is a sharp drop, I think this may be the last opportunity to enter the market. Why is it possible? Because trading is a matter of probability. It is not 100% accurate, so you must control your position and strictly stop loss. If you are not satisfied with the recent market operation, please consult btc0796 and find me to discuss the market together.

Bitcoin retracement: 62000-62500 long, target 63500-65000, defense 61500

Ether retracement: 2420-2450 long, target 2520-2590, defense 2380

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