10.28 Latest Silk Road



On Tuesday, October 28, Bitcoin continued its recent strong performance. Yesterday, the bulls broke through multiple resistances, with BTC reaching a high of 116,000, confirming strong momentum; the current slight pullback is a normal adjustment after the surge, providing energy for the subsequent attack.

On the 4-hour level, the price is consolidating above the middle band of the Bollinger Bands. The KDJ has a slight short-term turn, but the MACD shows sufficient bullish momentum. If there are no sudden large sell orders, the market will still be dominated by bulls, and future operations should focus on "buying low."

Bitcoin 114200-114700, looking at 117000-1185000
Auntie 4140-4170 is watching 4300-4400.
BTC2.59%
ETH3.84%
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