On Wednesday, after the U.S. stock market opened, the cryptocurrency price dipped slightly, but the intensity wasn't significant. Currently, it appears to be in a phase of fluctuating downward adjustment. In the short term, we still need to pay attention to the support and resistance around 66,000. If it breaks below and goes near 64,600, it could result in a more considerable drop.
Regarding the future market trend, we remain optimistic. There is no need to overly worry about the current pullback adjustment. As the election approaches, market variables may increase, so keep an open mind to welcome all possibilities. If a pullback opportunity arises, remember: don’t hesitate, get on board bravely!
In the short term, after a wave of pullback at the beginning of the week, the overall shape is still relatively weak, not showing a strong rebound. It is in a fluctuating downward trend, but the force of the pullback is not substantial. On the contrary, the range of fluctuations is gradually shrinking. Therefore, in terms of operations, we don’t see much room for significant movement at the moment; it’s better to focus on short-term trades. If you’ve been unable to gauge the trend accurately and aren’t good at short-term trading, you may find yourself in a passive position—chasing leads to being hit, while not chasing means missing out. It’s advisable to follow Hongjie’s pace, who has accumulated rich practical experience and solid technical skills over eight years in the market, and will guide you confidently through the crypto world!
#盘整行情分析 #币安累计交易量突破100万亿美元