Thoughts for the morning of October 14

Thoughts in the early morning of October 14

When you see the current introverted structure of the pie price, don't think about it, because you will definitely have the idea of ​​going long, such as going long along the bottom edge of the channel and watching for a short-term pull-up. From the perspective of short-term trading thinking, there is really no problem, and you will find that these two days are very interesting. It seems useless to go long at 62,500 points, because the market has been hovering around 63,000 for two consecutive days. Although there has been a rebound, the amplitude is not even 1,500 points, and every time it rebounds and then falls, it will retreat by about 1,000 points. Obviously, this market is still range-bound. Many people may be obsessed with the rebound that occurred when they went long and cannot extricate themselves, but Xueliang does not want to do this next week. The price of the cake has reached the cyclical pressure level. From the current 4-hour line, the rebound bulls from the 59,000 area have re-standing on the middle track. Although there is a retracement confirmation in the later period, there is still support. In the short term, as long as the middle track and the 10-day moving average are maintained, it will be further pulled up to test the previous high; on the contrary, if it closes below them again, there may be repeated sweeping actions; so I have been mainly long in the short term recently. If I go long in the period of accelerated decline, the price I pay will be too heavy. The general trend is about to turn to bearish, so don't fall into it for greedy a so-called rebound. Then pay attention to the short-term resistance of the day at 64,000. Only when the hourly line breaks through it can we continue to follow the bullish trend. Pay attention to the gains and losses of this position. Once it is under pressure and cannot break through, then decisively go short.

Cake: 61,500-62,000. Target 63000-64000
Ether: 2380-2410 more. Target 2470-2510
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