Yang Guang bit | October 21 $BTC —A $526 million single-day ETF net inflow drives a rebound breakout; trend turns bullish, buy on pullbacks
【Today’s Strategy】
Entry timing: Set up long positions on a pullback into the 82200—82500 range
Stop-loss: Set the long-position stop below 81800
Take-profit levels:
First target: 83200—83400
First target: 84000—84200
【Key Takeaways】
Last night, BTC surged in a single large bullish candle from around 81300 to 83436.9, driven by three positive factors: the Dow rose 1.02%, oil prices plunged 1.8%, and spot ETFs saw $526 million in single-day net inflows, the largest in a month. It is currently around 82920, with price above all moving averages on both the 1-hour and 4-hour charts, and the short-term trend has turned bullish. On the news front, Iran-U.S. nuclear talks are continuing with Qatar's mediation, while oil's retreat from highs is easing inflation concerns. The FOMC meeting will be held on October 27—28, and the market-implied probability of rates remaining unchanged in October is 82.3%, with rate-hike expectations cooling further. Today's strategy is to focus on buying pullbacks, with short positions near previous-high resistance as a secondary approach. Ride the trend throughout; there will be no trend-driven crash or sharp plunge.$BTC #美光举办技术网络研讨会
【Today’s Strategy】
Entry timing: Set up long positions on a pullback into the 82200—82500 range
Stop-loss: Set the long-position stop below 81800
Take-profit levels:
First target: 83200—83400
First target: 84000—84200
【Key Takeaways】
Last night, BTC surged in a single large bullish candle from around 81300 to 83436.9, driven by three positive factors: the Dow rose 1.02%, oil prices plunged 1.8%, and spot ETFs saw $526 million in single-day net inflows, the largest in a month. It is currently around 82920, with price above all moving averages on both the 1-hour and 4-hour charts, and the short-term trend has turned bullish. On the news front, Iran-U.S. nuclear talks are continuing with Qatar's mediation, while oil's retreat from highs is easing inflation concerns. The FOMC meeting will be held on October 27—28, and the market-implied probability of rates remaining unchanged in October is 82.3%, with rate-hike expectations cooling further. Today's strategy is to focus on buying pullbacks, with short positions near previous-high resistance as a secondary approach. Ride the trend throughout; there will be no trend-driven crash or sharp plunge.$BTC #美光举办技术网络研讨会
