【Today's Market Analysis - BTC-10.8】

Only for technical analysis learning, not for investment opening suggestions, profits and losses are at your own risk

1. Daily line: The price has returned to the beginning of 60. Yesterday's daily report also reminded that it would return to the beginning of 60 in extreme cases. But what you need to know is that you don't have to worry, the bull is not dead. From the continuous trading volume for many days, it can be seen that the current daily level is in a wide range of fluctuations. There is no obvious dealer shipment action. At the same time, in each decline, there is almost an equal amount of long trading volume. This also reflects the behavior of absorbing funds

2. 4H: The price is unlikely to fall below 6W. If it falls below, it may be a pin-point fall below 597, which is the limit. From the trading volume at this level, it can be seen that the price of multiple consecutive Ks has fallen, accompanied by a decline in trading volume. This is a typical wash pattern. As long as it is not a shipment pattern, you don't have to panic

3. 15Min: The current short momentum is extremely strong, and the price will consolidate around 605 until the momentum decreases, and then the long pull-up will start. #SCR新币挖矿开始！ #币安LaunchpoolSCR #6万保卫战 #你认为PeterTodd是中本聪吗？