10.18 Today’s Analysis

Yesterday, the number of people filing for unemployment benefits in the United States, September retail sales data, and the Philadelphia Fed Manufacturing Index in October all exceeded market expectations and were negative. However, they did not change the upward trend of currency prices. Instead, they became a correction↑ Opportunity to buy a car. Yesterday the price was around 66,900 yuan, and the current price at night was around 67,000 yuan.

From the current technical point of view, BTC is still strong as a whole. There is no need to analyze the technical aspects during this period. After all, the daily structure has three consecutive positives, and the overall thinking of the daily line remains bullish. It can also be seen in 4 hours that the short-period moving average continues to extend upward, other period indicators maintain a bullish arrangement, the BOLL opens upward, and the MACD indicator has a golden cross upward shape, so the overall idea is still bullish.

BTC operation recommendation is 66900-67100, defend 500 points, target 69500

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