Mr. Coin in the Coin Circle: 10.25 Bitcoin (BTC) Market Analysis Reference

Bitcoin rebounded strongly during the day, and the current price has returned to the 68,000 line again, with the high near 68,900. The previous decline was basically recovered yesterday, but the upper high pressure has not been broken, and the short-term upward momentum has weakened. Therefore, before the trend breaks again, it is not recommended that all coin friends blindly chase more, and steadily pull back to do more.

From the short-term chart, the coin price fluctuates above 68,000, forming a high-level oscillation pattern. A long lower shadow appears on the daily K-line, indicating that there is strong support below. MACD: In the 4-hour cycle, the fast and slow lines gradually approach the zero axis, the MACD bar chart turns from negative to positive, and the bulls gradually strengthen. The short-term strength is not great. It is expected that the market will fluctuate and repair at a high level. It still depends on the breakthrough of the key position.

10.25 Bitcoin short-term reference:

Long order, long in the range of 67100-66600, defense 65000 replenishment, stop loss 64800, target above 68000,

Short order, short in the range of 69800-69300, target around 68100, defense 70900 replenishment, stop loss 300

10.25 Ethereum short-term reference:

Short order: short at 2561-2600, defense 2750 replenishment, stop loss: 277 0 Target below 2500,

For long orders, focus on the 2450-2400 range, stop loss 50 points, target above 2500,

There is a delay in sending the chapter, and the strategy suggestions are for reference only. The market changes rapidly. No matter how high your judgment of the market is, you must take the stop profit and stop loss well and put the profit in your pocket.

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