Brother Meng, the last trading day before the National Day holiday
Note: Red is the color of the National Day!!!
Today is the last trading day of the A-share market. Will everyone take profits and flee to secure their pockets or continue to scramble for stocks? Let's wait and see! The performance of the big cake was mediocre over the weekend, almost sideways below 66,000, without much fluctuation. Even the 4th brother regained his freedom and failed to drive BNB. The market was seriously polarized. Some altcoins were ready to move and rose a lot in a few days, such as the L2 track, the bankruptcy and jail sector, while some altcoins fell like Sima. The representative ones are the new coins in the TON track, such as HMSTR, NOT, DOGS. After these coins gained a large number of users on the plane, the exchanges did not care about anything to get traffic. This made the leeks who took over the plate suffer, and the project parties who issued the coins were happy. The characteristics of these coins are large volume, many leeks who got some coins for free, and many coins in the hands of the project parties. After going online, the project parties shipped them crazily.
Back to today's market analysis, from the K-line, BTC is in a downward trend at the one-hour level, sideways at the 4-hour level (some indicators have begun to fall, and the moving average is about to cross, which is not good), sideways at the 12-hour level, and sideways at the daily level (when the long and short sides are fighting each other, it is only a K-line to go up and down). The intraday pressure level is 67,500 and the support level is 63,700 US dollars. During the National Day, how is the trend of the big cake? Looking at the K-line in the past, most of the time it has risen, and during the longer holidays in China, there are more rises than falls. But don't take it lightly. September has always been a bad month in history, and it has almost fallen 100%, but this year is an exception. It has risen by more than 10%, which is better than most months. We still have to wait and see and act at the right time!
