$BTC Today's strategy analysis (reference daily, 4-hour, 1-hour)
Yesterday, Bitcoin surged all the way to 63,400, just reaching the short-selling range of yesterday's strategy of 63,150-63,600, and fell back to 62,330 under pressure. This wave was really grasped
In terms of news:
The US spot Bitcoin ETF had a net inflow of US$253 million yesterday
Today's panic and greed index is 49, and the level has changed from fear to neutral
The probability of the Federal Reserve cutting interest rates by 25BP in November is 95.6%, and the probability of not cutting interest rates is 4.4%
From the news that can be seen, the overall trend is positive!
In terms of technical indicators:
The KDJ of the daily K line of Bitcoin has crossed upward, and MACD is still upward and the bell mouth is narrowing, showing signs of crossing the golden cross
The 4-hour trend KDJ is still a golden cross, but it turns downward, so be alert to the risk of a short-term downward trend!
I personally think that if it goes down, the amplitude will not be too large. You can focus on the 62000 line, which is a strong pressure in the original rising process.
Reference points:
Long: 61600-62100 60500-61000
Short: 63150-63650 64500-65000
The above is only personal analysis, do not operate blindly, all indicators and analysis are time-sensitive!
