10.17 Morning Thoughts

Currently, the market in the change phase is hovering at a high point and has not fallen back. Since yesterday, the price of the currency hit the 68400 line, it has been slightly adjusted today. Recently, the market has continued to rise, and our bullish predictions have come true one by one. At present, the price of the currency is stable at around 67800. Overall, the market trend is still strong, and it is recommended to maintain a low-level long strategy in the future market operation.

From the daily line structure, the market closed positive again, and the trend is still strong. In the absence of sudden factors, it is difficult for the market to reverse. According to the analysis of conventional technical indicators, the bullish trend may continue, the bullish energy of the daily line has not been fully released, and the technical indicators are also biased towards the bulls. Therefore, in the case of a more main structure, we can continue to be bullish, and focus on the upper track of the weekly line at 71000.

In addition, at the four-hour level, the market has not seen too much retracement, and it continues to be bullish. In a strong market, retracement is often a good opportunity to enter the market. In summary, the current market still maintains a strong pattern, and the operation should be mainly low-long, waiting for further breakthroughs in the market.

Bitcoin is around 66800-67200, and the target is 69000-70000

Ethereum is around 2590-2610, and the target is 2670-2700$ETH $ETH $SOL #BTC突破6W8 #美国大选如何影响加密产业？ #美股财报季来袭 #BTC☀ #ETH🔥🔥🔥🔥