$BTC may still go to 5 today, but don't panic
[Today's Market Analysis-BTC-10.11]
Only for technical analysis learning, not for investment opening suggestions, profits and losses are at your own risk
1. Daily line: Yesterday's K line is both accumulation and turnover. It can be seen that the real K is very small, and there are long upper and lower shadows, but there is still no need to panic overall. With this callback, liquidity is gradually returning. However, it is not recommended to buy the bottom at the current price. 596 is a position that is more likely to fall back during the day, and the extreme position will fall back to around 585. The range of 61~615 is the top of the day
2. 4H: The level 585 is a position for dealer accumulation, but this time the decline did not step on 585, and a bottom divergence pattern has appeared, indicating that the price will rebound slightly, which can also be confirmed from the overall short momentum. The short momentum is budding, so it is still necessary to focus on the position of 585. It is not recommended to chase long intraday, but you need to know that 585 is an extreme accumulation position and will not fall sharply.
3. 15min: The bullish momentum is weak. Although a large positive line was pulled at 9:45, the overall trend has not yet escaped from the downward channel. This means that the bulls have not stood firm, so it is very likely to rebound and continue to step down to the key position.
Overall intraday trading ideas: short at high positions, and long at low positions by adding positions. It is not recommended to chase long at the current price
