10.28 Zhang Lihui: There is considerable support at the bottom of Bitcoin, where are today's entry opportunities? Latest Bitcoin (BTC) market analysis reference! #ETHBTC汇率新低

After waiting for a day, Ethereum still hasn't rebounded much. However, the long position of 2414 set by Lihui the day before is still held, waiting for the 4-hour MA30 to break and reach the MA120 position;

Looking again, Bitcoin has once again surged close to the 68000 mark during the day, and the current market has retreated again. The 1-hour Bollinger Band is moving upwards, with the lower band rising. A contraction appears above the 0-axis in MACD, and DIF and DEA are converging. Therefore, the support for the pullback can focus on MA80, MA30, and the lower band range;

In the 4-hour chart, the Bollinger Band is also opening upwards, and the MACD continues to expand above the 0-axis, while the low-level golden cross is also continuing. The support below considers MA30, MA10, MA15, and multiple line supports at the middle band; for a breakdown below, look to MA120;

On the daily level, the upper and middle bands have maintained a parallel posture for a longer time after ending their downward trend, while the lower band is also actively rising; although the MACD is expanding below the 0-axis after forming a death cross, the drop is not very strong; therefore, continue to pay attention to the support at MA15 and the lower band range;

Based on the above indicators, Lihui believes that the bulls still exist, and the main strategy is to continue with low long positions on pullbacks, considering short positions only if the high is not broken;

It is recommended to buy on pullbacks in the range of 67400-66900, leaving a reserve for adding positions in the range of 65700-66000; stop-loss below 65500; target looks at 67900-68500-69200; if it breaks 69300-69500, it can continue to hold;

If the previous high is not broken, it is suggested to short in the range of 69200-68700, with targets at 68100-67600-67100; if it breaks below 67000-66700, it can continue to hold until below 66000; specific entry opportunities for short positions can be determined according to Lihui's real-time strategy as the market changes;

There may be delays in article review and push notifications, and the market changes rapidly. Specific entry opportunities must be combined with real-time operations. The points suggested in the article are for reference only. Do not operate with heavy positions. Please set your take profit and stop loss when entering the market, and take profits when they look good!