Yesterday, the high point of the big cake BTC was 28613.0, closing at 27015
Yesterday, the high point of the big cake BTC was 28613.0, closing at 27015.0, with an amplitude of 5.89% and a decrease of 3.24%. Yesterday, the main trend was sideways, with the closing price at the 5-day line, with multiple forces leading the way in the medium to long term.
Yesterday evening, it was analyzed that the trend of the big cake btc is not suitable for catching up now, and it is bound to fall and retrace. We should be cautious of breaking the market, so we can see from the trend after the early morning. The big cake directly drew a small door, and the high times chasing the rise was buried by this wave. From this, we can learn that at any time, the market may undergo a turn around. Every time you place an order, you need to be cautious and always be wary of the door or V-shaped reversal. However, from today's trend, the Taihang situation is much weaker than the big cake, and this retreat was actually expected yesterday. In the later period, it is necessary to pay attention to whether the 233 moving average of 30 minutes is supported.
30mink line diagram
From today's overall trend, the bearish side of the pancake market temporarily dominates the advantage, but in terms of the overall trend, the bullish trend has not been disrupted, and the strong support area of the 26000 range q below is still effective. Personal opinion: Short term bearers should be the main focus, while short bearers should be the main focus. Multiple parties should patiently wait and gradually build positions on dips. The market should stabilize in the next two to three days, and short spreads can be very effective at this time.
Bitcoin BTC Market Analysis (10/02)
Note: The currency market carries risks and caution is required when entering the market.
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