Daily market interpretation--$BTC
In the past few days, the idea has been to sell high. In the previous article, after the price reached the suppression level of 66360, it was suggested that there would be a high probability of a volatile downward process, and it was recommended to stop profit in advance. The trend is consistent with expectations. I hope that all friends in front of the screen can properly avoid the loss of the callback.
In the article on the 27th, it was said that the weekly K did not completely recover the suppression, and we must beware of deceptive trends. This is very obvious on the market. For details, please refer to the weekly line part of "October Market Outlook" released yesterday.
Back to the small-level structure, from the perspective of 1H, the current downward momentum is still continuing (the middle and late stage of the 1H callback), and the internal 15-minute structure has turned into a short position. The short-term upward space is limited. If you refer to the previous article, you have received chips at 63323. It is recommended to make a small profit first, and wait for the price to refresh the low point, and then grab the rebound when there is a divergence.
Short-term support 62495~61855, medium-term support 55253~56530 (valid for 10 days), medium-short-term suppression 64279~64813.
