Long-term analysis this week

From the perspective of the big cake daily line, the price of the currency has risen from 54,500 points to 66,400 points, with an increase of more than 11,900 points. Not counting the negative line in the middle, it is basically 21 consecutive positive lines.

It has risen for 21 consecutive days. Whether it is the impact of the news or the continued impact of the Fed's interest rate cut on the follow-up! It can be regarded as a bull market! In such a large unilateral market, how much have you eaten?

According to today's subsequent trend, today's daily K-line closing is also likely to be affected by a positive trend! But overall, there is still a downward stepping action! It's just that it has not been able to break through, so the afternoon market has been oscillating and adjusting!

This week is the National Day holiday, and there are various factors such as capital flowing back to the A-share market. This is the reason for today's decline!

However, from the perspective of the daily K-line, it is time for a wave of adjustments after more than 20 days of continuous rise, otherwise there will be a large wave of waterfalls in the future! But when it comes to adjustment, it won't be that easy. After all, there are many shorts who are not trapped and are reluctant to cut their losses. So there should be another wave of pull-ups in the subsequent trend! The upper pressure level is around 67,000. If it fails to break through, it will step back down to seek support! The first support below is 62,000, and then 57,000 after breaking it!

The overall trend is to rise first and then fall! Be sure to pay attention to the support and pressure levels! This is just my personal opinion! $BTC $ETH $BNB

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