Daily analysis (10.17)

Summary:

1. The number of initial jobless claims in the evening is likely to be lower than the predicted value. However, this is not necessarily bad news, but may be good news. The probability of the market going up is high.

2. The US stock market is starting to catch up. Once the Nasdaq breaks through the ATH in the evening, everything will start to accelerate.

3. The small-level SOL is strong, and the mid-level contraction is increasing, so the probability of the market breaking upward in advance is increasing. It is possible not to step back on the rising trend line and rush directly up.

4. The main force fell all day today by building a running center. It is judged that it does not want to pick up people and accumulate short fuel at the same time.

5. If the market goes unilaterally, the entanglement theory will fail. Be cautious when shorting.

Operation:

1. Long-term long positions are held:

$BTC is 1/2 at 71000 and moved up to 63000 to protect the principal, and is fully closed at 79000.

$ETH : 1/3 at 2800 with principal protection, 1/3 at 3800 and move up to 2700, and full at 4400.

$SOL : 1/3 at 162 with principal protection, 1/3 at 188 and move up to 152, and full at 240.

2. Intraday short-term:

1. All short orders near 68000 are out, don't do it anymore, the probability of pulling up at night is high.

2. Once the 4H level entity of Bitcoin closes above 68000, it is confirmed that there will be no 1H level correction, but it will go directly to 71000/74000. Then go long directly. (The first choice for going long is Ethereum/SOL, followed by Bitcoin)

3. Go long on the exchange rate of Ethereum to Bitcoin with a light position at the current price.

4. Buy the copycat spot at the current price.