Director's 1220th original daily market analysis
2023 .10 .9
1. Market sentiment:
2. Chart structure:
#BTC
#BTC 1H structure:
At present, the 1H structure of Bitcoin is still oscillating within the center like yesterday. As long as it does not fall below the central axis, the probability of upward movement is still very high.
Moreover, the previous negative news did not have too much impact on Bitcoin and it was pulled back directly, which shows that the bulls in the market are still relatively strong. Before the black swan appears, the bulls will remain stubborn and gradually become stronger over time.
#BTC 15F structure:
At present, the structure of the 15F big cake is still in the center.
Overall, there is still no directional choice. Here it mainly depends on whether the median line of Figure 1 can hold up. If it does, the short-term break of the 15F center will have little impact on the market, and it will still move upward in the future.
#ETH 1H structure:
The structural trend of the concubine is still very weak, and the so-called head and shoulders bottom has not been formed.
There is a high probability that the price will still fall below the previous low. Overall, it is better to watch more and do less. Currently, it is suppressed by the yellow pressure line. It is better to focus on the big cake.
4. Warm Tips
Investing is risky, invest with spare money, remember never to fully invest, no loans are accepted. We only provide information, which does not constitute buying or selling advice. Buying and selling are free, and risks are borne by yourself.
