10.16   The big market correction means more, and the cottage that has not risen should be held

      ETF funds have recently poured into the strong rise of Bitcoin. The market has reached a short-term intermediate stage of the bull market. The so-called short-term bull market is just a small fluctuation in the bull market in the fourth quarter. It has not yet reached the point of decline. When Bitcoin stagnates, it is the time when the cottage continues to fly. Don't panic, take it slowly and everything will come back.

      Bitcoin has temporarily reached a high point of pressure on the technical side. This position is awkward. If it goes up and stands firm in this round of market, there is still room for fun. If it does not stand firm, the technical side will pull back in advance and continue to rush. Don't be bearish before it reaches 70,000.

Daily level market

· Daily level:    The daily level market has opened a new round of rising trend, but the rise is too fast and the upper pressure is stepped back. The daily level is looking for short positions, and the long-term is bullish. There is a trend level of pressure near 68,500, and the bottom support is near 65,400. 4-hour level market

· 4-hour level: 4-hour level rising trend, there is no opportunity to go long near 64,000, Heng is very strong, the upper pressure 68,000-68,500-69,000 are all expected pressures, this market will not move if it does not do well, wait and see whether the 4-hour breaks through the previous high, the bottom support is near 66,500 and 65,000.

Intraday level analysis ·    Bitcoin intraday level is mainly bullish, the orders in the previous few days have made money and the trend has been held, so the next market will be more comfortable, and the large-scale increase has not come out, so continue to wait.

· · The intraday market is not bad, Bitcoin is still in an upward trend, the large level has reached a relatively high position, the increase is a bit fast, the target is around 68,500, there will be technical pressure, but in reverse, the market will not let the technical side too easy, really give the opportunity to get on the bus is a big smash. You can try to go short near the previous high of the day, the bottom support is near 66,000 and 65,500.

·    These days, it is suggested to do a copycat rotation, which will start soon. The spot market has gone through the most difficult time, and now is the season for harvest or re-cultivation. I hope everyone will treat themselves well and make the two years of hard work worthwhile. #Meme浪潮持续，你看好哪一个？ #参与交易联赛，瓜分$1千万奖池 #签到