After experiencing an accelerated rise, Bitcoin has entered a period of shock adjustment. In the short term, it may need to repair the overbought state and wait for the 5-day moving average to move upward. From a macro level, the current trend is still a relay pattern, which is a callback confirmation process after the high platform breaks through. After the adjustment, Bitcoin is expected to continue its upward trend.

In the short term, its support level is around 85,000, while from a macro perspective, the support level may be in the range of 80,000 to 77,000. The overall trend is not a big deal, and investors are advised to continue holding positions and maintain sufficient patience.

ETH has a strong linkage with Bitcoin, but the impact of the exchange rate on its trend is still weak, and it is necessary to further confirm whether the current low is the bottom.

In terms of altcoins, when Bitcoin adjusts, the altcoin market as a whole has fallen back, which has increased the market value share of Bitcoin. But investors don't need to worry too much. After adjustment, some high-quality altcoins will present a better buying opportunity. However, MEME coins may continue to adjust in the short term, and investors are not recommended to chase the rise at this time. Investors are better off choosing coins that already have a stable project foundation and wait for them to pull back to a suitable price before opening a position. #PNUT走高 #币安获CCData最高评级 #美国10月CPI数据即将公布 #马斯克将领导美国政府效率部