Coin Circle Liying: Bitcoin fluctuates on October 3, with many uncertainties about the rise and fall. The latest market analysis

Article release time 2024.10.3-14:00

There are new trends and new market conditions every day. The future is definitely bright. This is Liying's belief, and I hope you are the same. Let's look at the market. The current four-hour price trend K-line pattern price has a significant correction at a high level, forming multiple K-lines with long upper shadows, showing that the upper selling pressure is heavy, so the possibility of further selling pressure cannot be ruled out. After a sharp drop between 01 and 02, there are signs of stabilization, but the overall situation is still in a volatile adjustment.

Technical indicator MACD The current MACD bar chart is negative and gradually shortened. The DIF line and DEA line are close to the zero axis, indicating that the short-selling force has weakened and it is possible to enter a volatile or rebound stage. The indicator RSI has rebounded from the oversold area to around 40. Although market sentiment has eased, it has not yet entered a strong area. The trend indicator price is currently running below EMA7 and approaching EMA30. If it can break through EMA7 and stand firm, it may usher in a further rebound, otherwise it will continue to be under pressure.

After saying so much dry goods, you should have made a judgment. Liying's idea is very simple. After the upper pressure level is clear and effective, you can start to arrange short orders. After the bottom support is further tested and broken, you can enter the market near the previous low. There is space on both sides. This flexible model is the most suitable for everyone. The trading volume has increased significantly in recent cycles. The long and short sides are fierce. You can pay attention to the market. Real-time data will decide

Today's position forecast: Liying's judgment (sideways)

Long point 60500, 59500 to cover long, stop loss 59000, target 61500

Short point 62000, 62500 to cover short, stop loss 63000, target 60800

Reason: Low support point consolidation sideways, sideways fluctuation space is not large, you can catch the band, the article content is real-time, for reference only, risk at your own risk

The above is Liying's brief analysis of the current market situation for investors' reference. $BTC #BTC合约 #比特币合约交易 #BTC☀ #BTC走势预测 #Btcoin