Let's take a look at the RSI indicator. The 6-day indicator has exceeded 70, and the 12-day value of 63 is close to 70. Only the 24-day value is slightly safe, and there are signs of bearishness in the short term. The KDJ three-line values ​​are also the same. The K line is 77, the D line is 60, and the J line is 93. The three lines are infinitely close to the overbought area, and the short-term correction trend is very obvious. The last value is the MACD we are familiar with. It formed a golden cross on October 13. The upward breakthrough trend of DIF is very strong. The bullish trend has not ended. The overall trend is still in the bullish space. After reading all the indicators, I believe you are very confused. There are bullish indicators and bearish trends. It is actually very easy to see from the combination that this is a typical problem of the connection of funds after a high. Not only do people feel very confused, but even the dealers don't know whether to pull back or rise. Especially at the Bollinger Band level, it makes everyone wait and see for the time being. The overall technical level indicators only show one problem. At present, it is very likely to form a sideways situation, slowly pullback, but the depth below is not large. Lao Cui's suggestion is that you can still look at it after the pullback, that is, the strategy of ambushing long orders can continue.

From the news level, first of all, the struggle between Iran and Israel at the military level seems to have subsided again, giving the currency circle a chance to survive. As long as the war does not recur, the continuation of the bulls will not be broken. Politically, Trump's winning rate can be said to be significantly improved. Once in power, it will be beneficial to the currency circle. There will be more and more good news in the future. It is getting closer and closer to November 5. Everyone around the election must control their positions. It is best to make all preparations for entering the market before the election. The effect of ambushing in advance may be better. Finally, from the perspective of the amount of funds that everyone is concerned about, a wealth management platform in Hong Kong has conducted a survey. 76% of private wealth in Asia has already entered the digital currency market, and 18% of people plan to invest in the future.