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10.15 Thursday morning market overview: Enter long positions on the right side with the trend, and lie in wait for short positions on the left side

BTC closed with a bearish candle with an upper wick this morning, with the bears in control

The three major U.S. stock indexes opened lower and continued to fall. By the morning close, the Nasdaq had fallen 1.88%, the Dow had fallen 0.09%, and the S&P 500 had fallen 1.11%

South Korea's KOSPI opened down 7%, with SK Hynix down more than 7% and Samsung also down more than 6%

Gold alone has climbed back above 4140 after yesterday's pullback

Returning to the market, BTC is consolidating around 8.17, and the intraday market will repeatedly oscillate around 8.17 while accumulating positions

8.27 resistance is also where the Fibonacci 0.382 and a two-point confluence are located. On the right side, wait for a breakout and stabilization above 8.27 before trying to open a light long position again to bet on a rebound, with 8.17 as the defense level and targets around 8.37 and 8.44

8.41 is where the Fibonacci 0.618 and resistance converge. It is the final level to reduce long positions and also where to lie in wait for short positions, with 8.52 as the defense level and targets around 8.3 and 8.17

Enter long positions with the trend after a right-side breakout and stabilization, lie in wait for short positions on the left side above, and simply wait at the midpoint

Please take a moment to follow, like, and comment if you happen to pass by—your support means the most to me. Thank you! The above information is for market analysis only and does not constitute trading execution;
Follow me so you don't miss out. I will bring you the latest information, updates, and level analysis every day, as well as the wealth secrets you're looking for. Remember to follow and like #美国9月CPI超预期 $BTC
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TxDiary
32 minutes ago
Gold has risen above 4140; buying gold in turbulent times truly hasn’t let me down, and crypto folks are envious
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VolumeOracle
37 minutes ago
South Korean stocks are down sharply… SK Hynix and Samsung are both getting hit hard, putting considerable pressure on Asian markets today
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PensionPlayer
38 minutes ago
I’ve been watching the 0.382 and 0.618 Fibonacci levels for a long time; confluence levels really do tend to trigger market moves
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MetaverseTraveller
40 minutes ago
Set up for a short at 8.41 on the left, wait to go long at 8.27 on the right; with 8.17 ranging in between, there’s really nothing to do but watch
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StopCarver
41 minutes ago
This morning’s candle closed bearish with an upper shadow—I believe the bears are in control, but whether 8.17 can hold is the key
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BribeHunter
an hour ago
Taking a long position on the right is a viable idea, but waiting to enter after 8.27 breaks out and stabilizes would indeed be a bit safer; chasing highs carries greater risk
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GateSquare
an hour ago
A pullback means an opportunity is here
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VegaFan
an hour ago
First Review
The Nasdaq is down 1.88%, which is pretty brutal; if the U.S. stock market’s overnight session keeps crashing, BTC probably won’t be able to hold up either
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