Thursday, October 24th Big Coin and Ethereum Trading Suggestions:
Good morning everyone! From the 4-hour KDJ indicator for the big coin, the K-line and D-line values are in a relatively low area, and the J-line has shown signs of rebound, indicating that the market is currently in an oversold state, with a short-term demand for a rebound. However, the rebound strength of the J-line from the oversold area is still not enough. If the K-line and D-line do not form an effective upward trend, the price may continue to fluctuate or move downward.
In the short term, there is a tendency for a rebound, but the strength will not be too great, and it is more of a high-level consolidation. The focus will still be on looking for rebound shorts.
Big Coin: Suggested to short around 67400-66900
Target: 65900—65200
Ethereum: Suggested to short around 2580—2540
Target: 2480—2440