💡Text and picture simplified version Simple analysis BTC 10/10

The trend of the short cycle has shown a downward trend, and the price structure since September 7 has been destroyed.

The rebound on October 7 failed to break through the new high, and even failed to stand at 64,000, and there was a pullback, showing weakness.

At present, the focus is on the low price of this round of pullback, which is around 59,900. If it continues to weaken and fall after the CPI data is released tonight, the market may see a main decline led by shorts. $BTC