$BTC 10.21 Xincheng Morning BTC Strategy



Last night, although BTC saw a slight rebound, multiple bearish signals indicate an increased risk of decline. On the hourly chart, the Bollinger Bands are gradually narrowing, the MACD's bearish cross continues to extend the downward momentum bars, and the KDJ has started to extend downwards after its bearish cross. Yesterday, it dropped to 107000 and has not broken through, which also provides sufficient momentum for the current bearish sentiment.

Operation suggestion: Short from 110800 to 110300, target towards 109000, second target 107500#BTC
BTC0.88%
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