Hello, everyone
Today is October 1, 2024. Bitcoin's monthly line looks good this morning. From the candlestick chart, the upper filament is shorter, indicating that the bulls are still relatively strong. Bitcoin did not disappoint, and it did not hold up near 64,500. This morning, it fell to a minimum of 62,850. Now it has been hovering around 63,000. What kind of drama is the dog market going to perform for us on the first day of October? Where is the main support position near the price now? Next, let us take a look at the latest views and analysis of various bloggers.
First, let's look at the chart champion Daniel
He said yesterday afternoon that the current important support level of Bitcoin is 62,500, which is an important support level. If it falls below, it may trigger a bigger decline. 63,000 can still maintain a higher low, which is a relatively strong support level. 64,163, as the low point of the local price range, can also be regarded as support. The resistance level is 67,000, a psychological resistance level. If it can be successfully broken through, it may continue to rise. The breakthrough of the key resistance level of 67,500 may bring greater room for growth. For short-term trading, look for short-selling opportunities near 60,000 on the 7th, especially when strong In the event of a sharp rebound, if the market structure remains above the support level, long trades may be conducted. In the long run, look for entry opportunities around 62,500. If the market structure remains supportive, you can consider going long. If the price falls below 62,500, you may consider a greater risk of decline. The current market pattern is disparate and there are some bearish signs. Daniel hopes to see prices fall further to confirm the effectiveness of the support. If the price rebounds at the key support level, it is also possible to continue to move closer to $67,000. Well, Daniel's point of view is equivalent to his belief that the support at 62,500 is very critical. 63,000. Similarly, he predicted the decline of Bitcoin yesterday afternoon. If it falls to this support level, if it can hold, the next rebound target is still 67,000. You can refer to his point of view.
Next, let's look at Arthur.
He said this morning that if the Bitcoin game plan is developed, there may be a short position setting. The gameplay is the same as my long position setting, waiting for the formation of the LTF range to find an airdrop to the low point. Because of its one-way nature, it is given time to form a certain range. It is too early to sell now and it is impossible to enter the market. Then he showed his short position on the 27th, but his short position was pierced by the pin after it was given. His stop loss is 66,456. Bitcoin rose to 66,500 at its highest. It is a pity that if we continue to analyze ETH, It may seem a bit exaggerated, but we can observe whether these highs will sweep up supply and thus go lower. Just after the Asian close at 8:30 this morning, we will continue to analyze Bitcoin after it broke through Monday's low. Pay attention to the scalp, long development, look for opportunities, and then go long on the top. Well, Arthur's point of view is equivalent to his belief that Bitcoin can open a long order near 62,964, and it may go down. The corresponding price below is 61,000-62,300. He also believes that here, there may be a rebound, and the mark is 64,725. You can refer to his point of view
Next, let's take a look at Terry, the gold medal analyst of Crypto Big Beauty.
At 3 pm yesterday afternoon, a long direction of NOT was given. The entry price for long spot was 0.0086-0.0084, the average price in batches was 0.0085, and the guide price was 0.0930.00980.01, which shows that NOT had a sharp rise last week and the price gradually broke away from the bottom area. Referring to the 4-hour EMA indicator and moving average, there is a relatively strong support below, and there is a potential profit of 20%-25% in the space. Therefore, a low-interest strategy is adopted. The price of the good NOT coin is currently 0.0087, which is profitable and can be bought at the bottom this morning. Today's analysis strategy tracks ETH band short orders, and the short-term profit exceeds 100 points. The current price has slightly fallen below 2,600. Whether it is for the short term or the band, the transaction is more flexible. If it continues to fall, the falling space and moving stop loss can refer to the 50-point standard for gradual downward viewing and setting. The evening market analysis fell below After the rising trend line, a vacuum is formed with the big negative line, and the short-term short-term trading can refer to the corresponding support and pressure of the 30-minute and one-hour Vegas channels for technical transactions. The corresponding trading opportunities are 63,250 to go long, 65,000 to go short, 62,000 to go long, and 64,800 to go short. The trading idea follows the support level to go long and the high level to go short, and keep it between the EMA moving averages. In view of the fact that the price has fallen below the rising curve, there is a conversion of support and resistance. In the short-term technical aspect, there is a large demand for adjustment at a high level, and range trading can be participated in. Well, this beautiful gold medal analyst try's point of view is very clear. He believes that Bitcoin is currently in a shock. It is around 64,800 on the top and 63,25062,000 on the bottom. If the 250 behind 63,000 is moved to behind 62,000, it will be perfect, right? You can refer to teryy's point of view
Let's take a look at blockchain sniper vivi
In today's analysis at 7:30 this morning, when I asked you to close your positions, it was not far from 62,000. Please close the airdrops in all sectors. I will update all sectors after closing your positions, but when the price drops to 62,000, please close all positions. Do not airdrop other currencies except Bitcoin. The ETF will still exist tomorrow, just after the Asian market closes at 8 o'clock this morning, and then continue the analysis. It is expected that there will be a small rebound before the last round of decline. For altcoins, there is still 3%-4% room for decline. Bulls can enter the market when London opens. This round of decline will catch everyone off guard, but the start of October is still optimistic. According to the textbook, tomorrow's trend should form a lower high instead of a higher high. We can set the target at 66,000-65,000, which does not rule out going to 67,000, but the possibility is very small. You can refer to vivi's point of view
Today's Fear and Greed Index is 50
Neutral, I was greedy for a day, oh, back to neutral again, 63,000 is indeed supported, and many big guys think that this wave will return to around 64,800-65,000, which is October 1st, before London opens and when New York opens. Friends, enjoy it, drink today, friends, don't be discouraged, October has just begun, the last preparation period before the bull market, get your ammunition ready, okay, today's content ends here
