Yesterday, after the coin price reached the lower support level, it showed a continuous slow rise rebound. In the evening, influenced by the big dump in the US stock market, the coin price suffered a Waterloo-style sharp decline, with a cumulative drop of over 4500 points, while Ether also experienced a pullback of over 300 points. This round of pump during the holiday may come to an end. The short-term bullish strategy I provided to everyone yesterday afternoon has once again been perfectly realized, and this wave of sharp decline in the evening was also successfully avoided. The actual trading during the National Day holiday can be considered a great victory. So, for the upcoming market layout, I will keep everyone updated in real-time on the strategies and thoughts, aiming to help all my frens seize the current golden autumn of October.


From the four-hour perspective of Bitcoin, the coin price tested the mid-level support and then gave a slight rebound, followed by a large bearish candle that quickly fell to near the lower band, directly engulfing all the space created by the previous days' fluctuations and rises. After that, the coin price exhibited a certain degree of rebound, and the current rebound trend is still continuing. If the market strongly breaks through the mid-level support, the previous upward structure may be affected. After some consolidation and repair, the coin price may start the pullback rhythm. From the short-term hourly perspective, after the coin price rapidly fell below the lower band with consecutive large bearish candles, the continuous oversold state has gradually increased the demand for rebound and repair in the market. However, after a continuous large drop, there has not been a significant and powerful rebound in the market, but rather a current technical repair. Given the current structure and trend, after the consolidation and repair, the coin price will further continue the previous withdrawal trend. Currently, it is advisable to maintain a bearish outlook and participate in the layout of high-altitude rebounds.
The big coin shorted near 122200, watch around 121200; the second coin shorted near 4500, watch around 4400.
ETH-4,33%
BTC-3,29%
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