2024.10.13 10:52 AM BTC Market Analysis
BTC did not effectively break through 63260 last night. It is now consolidating at 62800. It is oscillating in a narrow range. There is not much chance for BTC this weekend. Now it is noon on the weekend. Entering the second half of the weekend, the potential volatility will increase. There is a need to plunder liquidity on Friday and the weekend. After plundering, the new week will be lightly equipped, and the main force will be able to control the market!
BTC Focus
Support short-term focus on 62328/61674/61000/60200
Pressure short-term focus on 64450/66550
The key point at this moment is 63260/62328. Only when it falls below 62328 can we look for opportunities for low-long. 63260-64450 is the area of reducing positions. When it does not break through 64450, we will not consider chasing the high position above for the time being!
Operationally: If the market crashes, you can arrange some potential copycat spot grids or long-term chips; if you want to make short-term intraday moves, you should stop profit and stop loss within the day. This is not the time to hold orders!
