A veteran trader with "deep thinking, emotional temperature, and data dimension" ---- Lin Muyang
Early review: At 10:00 on September 30, the 4H level of Bitcoin has fallen below, and MACD has shown a top divergence, preventing a pullback to the 62,357 point position.
From a short-term perspective, the 4H support level of Bitcoin fell after a short-term break. It is currently shaky at this position. In yesterday's morning analysis, Lao Lin also said that Bitcoin was in a shock adjustment, and the strategy given was to go long near 64600. It only reached this position this morning, and today's market cannot use yesterday's strategy. The support point of the daily K overlaps with the 4H, and the support level is here at 63257, so everyone should pay close attention to this position today.
In addition, a top divergence phenomenon appeared at the 4H level. The price continued to rise within the channel, and MACD continued to move downward. This is one of the reasons why Lao Lin gave the precise position yesterday.
In the big cycle, the weekly K is at the top of the upward channel, and MACD is about to form a golden cross, so there is no need to panic too much. Every pullback is a good time to intervene.
Today’s Big Pie: Spot can be entered near 62357, He Yue is long!
ETH: Ethereum has broken all small cycle supports in the morning, and the next support point is in the range of 2554-2571 points. In the large cycle, prevent ETH from retreating to the middle track of the daily K-line Bollinger band. Every time ETH retreats, it follows Bitcoin, so if Bitcoin is not stable, it will inevitably retreat. Ethereum is in the range of 2571-2600 today.
