The long-term trend of BTC is still developing in a positive direction, especially after the dust settles on the U.S. presidential election and the announcement of the Fed's interest rate cut, coupled with BlackRock's active intervention, which has enhanced market confidence. In terms of short-term operations, it is recommended to appropriately reduce position at high levels. If it is a long-term investment, you can gradually increase the position during the pullback process. It is important to note that the market is ever-changing, and actual operations need to be flexibly adjusted based on the latest market data.


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The current market is moving slowly, and the daily candlestick has a small rise after yesterday's pullback, accompanied by a partial retracement after a high exploration, breaking the weak pullback and retesting the high. The daily candlestick stabilizes at the moving average, and the rising trend has slowed down but not weakened. ETH is also showing strong long positions, partially in sync with BTC, to some extent limiting the upward momentum of short-term BTC. Currently, it is entering a consolidation phase at a high level, accumulating strength.
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Many people imagined a big dump and Long Wick Candle, but instead they are trapped. In the crypto world, the most important thing to gain is to learn to go with the trend. When there are many falls, think about a rebound, and when there are many rises, think about a Long Wick Candle. Although there is indeed such a trend, it is not absolute. Especially in the current one-sided upward movement, there is no top above, and anything is possible. The continuous positive candlestick of BTC daily chart is still going on, and the high level of the hourly chart is still constantly rising. Although the upward trend has slowed down at present, there is no sign of trend reversal. Currently, BTC is sideways at a high level, replacing the fall with sideways movement. The overall sentiment is still biased towards long positions. It is obviously unwise to go short now. We should continue to maintain the intraday mindset and focus on pullback. #万圣节倒计时:抓紧最后机会,享$60,000惊爆福利 #比特币突破新高$75K,下一站$80K? #你目前持仓量最大的meme币是?
BTC0.26%
EVER4.13%
NOT1.32%
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