Traveled 80 kilometers round trip to attend a crypto meetup, BTC broke through a key resistance level, and subsequent changes in trading volume warrant attention.

Traveled 80 km round trip to attend an offline crypto meetup; BTC breaks through a key resistance level, with focus on subsequent changes in trading volume

10.7 Wednesday Bitcoin Personal View In trading, consolidation is not stagnation, but the market building momentum and waiting for a breakout. Bitcoin is currently around 854, down slightly by 0.27%, with a 24-hour range of 850–866. Looking at the 4-hour candlestick chart, after rising to a high of 872, the price entered high-level sideways consolidation and remains stable above moving-average support; the broader bullish structure has not been damaged. The MACD histogram has turned from red to green, with bullish and bearish forces temporarily balanced; the KDJ indicator is moving downward, indicating a short-term need for a slight pullback and digestion. Simple summary: The market is currently in a high-level consolidation and shakeout phase following the rise. Resistance above is 866, with strong resistance at 872; support below is around 850. As long as the 850 support is not effectively broken, the bullish trend remains intact; once support is lost, the price will fall further. In a consolidating market, do not chase rises or sell into declines. Patiently wait for a directional breakout and maintain your own trading rhythm. Trading suggestions: Long BTC at 850–840, targets 860–870–890 Long ETH at 2680–2650, targets 2800–2900 #OneGate见证计划 #GT三季度销毁近200万枚 #CFTC拟设加密资产市场新类别 #Bitmine再增持持仓突破601万ETH #SOL现货ETF单日净流出924万美元 $BTC