Yesterday, the high point of the big cake BTC was 35154.3, closing at 34050
Yesterday, the high point of the big cake BTC was 35154.3, closing at 34050.0, with an amplitude of 3.80% and a decrease of 2.27%. Yesterday, the main trend was a decline, with the closing price at the 5-day line, with multiple forces leading the way in the medium to long term.
Yesterday, it was analyzed that the pancakes were already in four 30min centers. Yesterday, Ethereum suddenly pulled the market in the afternoon, and the pancakes were not linked, indicating that the bloodsucking stage of the pancakes has temporarily come to an end. In the future, it is necessary to be careful that the market will directly fall below the 30min center range. Today's pancake market has been fluctuating in the lower half of the central range, that is to say, from 33170 to 34299, the market has slightly weakened and continued to weaken. At the same time, although the market has been fluctuating today, it is still below the 144 moving average. Therefore, it is important to be very careful here, as it may directly fall below 33170 tonight or tomorrow.
30mink line diagram
From today's overall trend, the bearish side of the pancake market has a slight advantage, and may try the 30 minute 233 moving average. The subsequent market will be based on this downward trend, and the current market is a sign of multi-party weakness. Conservative measures can be taken as a third type of selling point. Personal opinion: The short side has gradually become the dominant force in the short term, accumulating strength for the subsequent correction and decline. The current market is the favorite rhythm of counter trend operations.
Bitcoin BTC Market Analysis (10/26)
Note: The currency market carries risks and caution is required when entering the market.
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