$BTC I have to tell you not to panic, the bull is not dead. The specific views are as follows: 👇
[Today's Market Analysis-BTC-10.10]
Only as a technical analysis study, not as an investment opening suggestion, profits and losses are at your own risk
1. Daily line: The price has returned to the beginning of 60. Yesterday's daily report also reminded that it would return to the beginning of 60 in extreme cases. But what you need to know is that you don't have to worry, the bull is not dead. From the continuous trading volume for many days, it can be seen that the daily level is currently in a wide range of fluctuations. There is no obvious dealer shipment action. At the same time, in each decline, there is almost an equal amount of long trading volume. This also reflects the behavior of absorbing funds
2. 4H: The price is unlikely to fall below 6W. If it falls below, it may be a pin-point fall below 597, which is the limit. From the trading volume at this level, it can be seen that the price of multiple consecutive Ks has fallen, accompanied by a decline in trading volume. This is a typical wash pattern. As long as it is not a selling pattern, you don’t need to panic.
3. 15Min: The current short momentum is very strong, and the price will consolidate around 605 until the momentum decreases, and then the long position will start to pull up.
