Coin Circle Liying: 10.4 Non-agricultural is coming! Can Bitcoin break the shackles of 60,000? Latest market analysis

Article release time 2024.10.4----12:45

Liying judges that the market will continue to consolidate, and it is expected that there will not be much fluctuation until the evening non-agricultural, so you need to pay attention to those who can pay attention to Liying's next thinking analysis. First of all, the price trend analysis of the current market K-line pattern price fluctuates in the range of 60,000 to 62,000, showing a pattern of shock consolidation.

After a large decline from 01 to 03, there are signs of stabilization. Technical indicator MACD: Both DIF and DEA are currently negative, but the MACD bar chart shows a shortening trend, indicating that the short-selling force is weakening and there is a possibility of a rebound. The current RSI value is about 42, and there is a certain rebound space

The trend indicator EMA price is above EMA7, but still below EMA30 and EMA120. There is a rebound demand in the short term, but the overall trend is still short. The trading volume has decreased in recent cycles, especially compared with the previous sharp decline, and the market sentiment has become cautious. The volume rose at 08:00 on the 4th, indicating that the bulls tried to exert too much pressure and began to fall back. Then the overall trend can focus on the key support 59700

Today's point reference: sideways

Long 60000, defense 59500, stop loss 59000, target 61500

Short 62000, defense 62500, stop loss 63000, target 60500

Reason: The box band is back and forth, and the safety of risk control is the first priority. The content of the article is real-time and is for reference only. Risks are borne by yourself

The above analysis is based on the conclusions drawn by Liying based on market data and market trend analysis, for reference only$BTC #BTC合约 #比特币合约交易