$BTC is ready to take off. Are you ready? ? ? Big cake must be more fragrant than Big A🤑
【Today's Market Analysis-BTC-10.8】
Only for technical analysis learning, not for investment opening suggestions, profits and losses are at your own risk
1. Daily line: Yesterday's trend was as described in yesterday's daily report. After the price fell back to around 626, it rose all the way. After reaching around 64, it began to pull back. An upward pin was formed on the daily line. This is the unwinding action of users who were trapped in the 9.30 decline, and it is also due to overall liquidity. However, the current liquidity on the overall market is poor, and the price is likely to consolidate. It is still necessary to pay attention to the position of 616, which is an extreme intraday support level.
2. 4H: After the price reached 64X at 8 o'clock last night, the price fell all the way, accompanied by a decline in trading volume. And the trading volume is not large, which is a typical wash pattern. Combined with the daily liquidity analysis, the price will consolidate around 621, and continue to rise after continuous accumulation.
3. 15min: On the whole market, there is almost no liquidity below. It may be a precursor to a big rise.
