Has BTC 95000 held? Looking at BTC from the daily chart, it has been fluctuating back and forth around the seven-day moving average for about a week, and it may continue to oscillate in this area for some time. The best method right now is to use sideways movement to offset declines over the past month or two! October is the month of altcoins! Make sure to seize this opportunity! Every time there is a pullback, it’s a good chance, but don’t forget about your position control! Don’t go all in and then have a 50% pullback; that would be ridiculous! Currently, all the curves are quite stretched and need time to recover, and the technical indicators are also quite chaotic! This indicates that we can’t proceed with normal thinking during this period; it’s a bit beyond expectations, marking the start of a bull market! Does it feel like this circle has become very quiet? Even if many have made a lot of money or lost a lot, no one is coming out to complain! This indicates that the market sentiment is still not boiling enough, and there is still an opportunity to reach new highs!
Looking at BTC from the four-hour chart, the short-term moving averages are clustered together, indicating a sideways state, waiting for the long-term moving averages to catch up! Last night’s spike was influenced by the South Korean exchange! This is the story of the boy who cried wolf! If everyone becomes numb after hearing it a few times, it really will go down, so we must hold on and control our positions and greed!!!
From the technical indicators, it seems to be showing a strengthening trend, feeling like it should step up to the next level, but it’s still not time to go back now!
Resistance levels 97800 98800
Support levels 96000 95000
