Intraday Analysis Tuesday, October 8, 2024
[BTC]
Big A continues to attract money from the global screen, and cryptocurrencies are also attracted. The big market may delay the pleasure.
1. Daily line: Rebound as expected and consolidate in the consolidation range. The 7-day moving average (61894) is upward for the first day, and the 30-day moving average (61789) remains upward, close to MA7, and the position will be an important support. From the current macro environment, the probability of breaking is high, and the 60-day moving average (60473) may be tested again. The MACD bar line continues to converge below the zero axis, and a golden cross may be formed. The volume has not seen an obvious downward trend, and the possibility of a short-term sharp drop is small.
2. 4 hours: Bearish engulfing is formed, breaking the upward trend line, and the MACD bar line converges above the zero axis, which may form a dead cross. It is currently supported by the Bollinger middle track (62552). MA60 is still downward, and the probability of breaking the middle track is high.
[Prediction] Bearish, support range: 61600~60800.
