10.4 Lunchtime Strategy, Bull Market Opening?

The current intraday market of Bitcoin continues the consolidation trend of yesterday. The price encountered pressure when testing the 61300 level. It is currently adjusted back to the 61000 level. The rebound strength in the short term is acceptable. Although the overall market has a downward trend, it is not advisable to blindly chase it at this time.

From the perspective of technical indicators, the MACD on the short-term hourly chart has a negative fast and slow line in the 4-hour cycle, but the bar chart is gradually shortening, which suggests that the short-selling force is weakening and there is a possibility of forming a golden cross, which brings a glimmer of hope for a rebound in the market.

The EMA indicator shows that the current price is slightly higher than EMA7, but still lower than EMA30 and EMA120. This shows that Bitcoin has a rebound demand in the short term, but in terms of the overall trend, the currency price is still in the range repair and consolidation stage. The wedge range is constantly compressed, the high position slowly moves down, and the short-term trend shows a range oscillation pattern.

Operation:

Big pancake around 605-608 duo, target 615-618. Break 599 and enter the kong.

Ether around 230-234 duo, target 239-243.#加密市场急跌 #非农就业数据即将公布 #美国大选如何影响加密产业？