10.18 Bitcoin box bottom confirms whether it will rise again today. Today's entry opportunity reference! #美国大选如何影响加密产业？ #BTC要挑战7W大关了吗？ #SUI走势分析
Bitcoin's overall performance yesterday was quite stable, and its price trajectory hovered leisurely in a narrow range of 68,000 to 66,600. Although it slightly corrected after a short surge, the amplitude was limited and the speed was slow. This sign revealed that the support force below was quietly increasing. Observing the 4-hour chart, the Bollinger band channel gradually unfolded, indicating that today may be expected to usher in a wider fluctuation space. At this time, under the K-line, the double support area constructed by EMA30 and MA30 is particularly eye-catching, becoming a potential opportunity for short-term long orders. Given that it is currently in the bottom area of the box oscillation, there is still considerable space to break through to the top of the box. Investors may wish to adopt a light position strategy and test the waters cautiously.
In general, the operation strategy should be based on the low-long layout inside the box, while short-order operations need to maintain a cautious attitude and wait for the subsequent performance of the market, especially whether it can set a new high in the past two days, to make further decisions. Long idea 66000, target 67500. Short idea 68000-68400 short, target 66000
Ethereum, its price fluctuations are compressed to the extreme, even if the data was released last night, it did not cause much waves. The K-line encountered resistance when trying to touch the top of the upper track of the 1-hour chart, and then retreated, and currently has touched the vicinity of the lower track line. It is worth noting that the trading volume below the 0 axis continues to increase, and the opening between the fast and slow lines appears. Although this series of signals did not immediately cause violent fluctuations, it indicates that the market is brewing changes. For Ethereum investors, patience is particularly important, and I believe that the market will soon give a clear direction. During the day, we should pay close attention to the stabilization of the key point of 2600. It is recommended to adopt the strategy of low-level layout of long orders. At the same time, short orders can be moderately tried in the high area, but risks must be strictly controlled and market changes must be flexibly responded to. In the short term, short 2650-2680 is the first target of 2530. The long position will be reminded in the real market.
——The above article is written by Li Hong Trend. The article is only a personal opinion. The points of each platform are inconsistent. Click the avatar to connect with the author for real-time market information every day. The above analysis content only represents the author's personal opinion and does not constitute a specific operation
