The price has pulled back from the top, which basically aligns with our recent analysis. The four-hour double top reversal currently shows no signs of a limit down, so we should still focus on the two support levels below. The previous peak and the multi-bottom neckline at the previous bottom are exactly at 0.5 and 0.618 of the previous uptrend. However, this is just the expected bottom for the correction; the final stop for the decline will be determined by real-time signals, as the market progresses step by step. In the future, whether it continues to pull back and decline or directly reverses from the top, there is a high probability that there will be another test of the previous high. A major cycle top reversal will not occur immediately at a single wave high but will provide confirmation signals at different levels, so we are not considering a reversal for now.
$ETH 4H Fundamentally reached the expected short target position But it rebounded before hitting the take-profit order I feel bad The rapid and fierce short trend After a consolidation, it continues to decline After the rebound, there may still be shorts continuing to sell That person is me The next target for shorts is 2260 Which is the bottom position of the large range
FET Figure 1: Daily chart 1) After FET inserted the pin to OB in August to obtain liquidity and oscillated to complete the chip exchange, it then went up and oscillated to rise. 2) At present, the daily line has structurally destroyed MSB, so the retracement is a buying opportunity. 3) The daily level retracement still focuses on OB 1.37, which is the first buying opportunity. If it falls, it will be range-L 1.1. Figure 2: Hourly chart 1) At present, this is a downward trend of callback. Only by breaking through 1.568 can the downward trend be confirmed to be over. Then the retracement is a buying opportunity, focusing on the vicinity of 1.5. 2) At present, we still continue to pay attention to the test of OB. If it does not fall or break, we can buy first, that is, focus on the vicinity of 1.37. $FET
The four-hour W-bottom pattern is about to be completed, and it is trying to hit the upper pressure level. It is expected that there will be a wave of callback after the pressure is touched. You can pay attention to $WLD
On October 11, the third intraday short-term, the same words are said again, the market will fall sharply and then go to the recovery market, short-term longs enter the market and take it again.
On October 11, the second intraday short-term trend, the video explains my personal view on rebound. We follow the trend and choose to follow. Catch more waves.
500 points for the big cake and 10 points for the second cake.
Last night, there was a sharp drop and a downward door, which showed the second trend we talked about in yesterday's video. The decline reached the previous low point (59100) and broke through. In the short term, there is pressure here. We enter the market with long orders, and there is enough room to defend 700 points.
1500 points for the big cake and 60 points for the second cake.
The deadline for compensation of Mentougou will be postponed by one year to October 31, 2025. Currently, Mentougou holds 44,905 BTC. The postponement of compensation can reduce the market selling pressure and avoid the risk of market crash to a certain extent.
I left the market in the morning, and the overall profit was good. At present, I personally recommend to focus on the two cakes, and pay attention to risk control⚠️