#BTC Good morning ☀ Hardcore fan check-in 👍 Like and make a fortune 🍗🍗🌹🌹


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After nearly half a year of decline, the beginning of the month was always alarming, but it has stabilized and I believe the fourth quarter will not be too bad! BTC has remained steady at $62,000 for three consecutive days, which is a good thing! Recently, BTC's ETF has started to flow in normally again, and the drop has stopped, which is also good news. For the entire market, altcoins have the opportunity, as they are beginning to show up, which means there is enough Liquidity in the market. Whether it's external funds or internal funds, they can bring opportunities to the crypto world. I have full confidence in the long-term trend of the crypto world, and there is no need to worry too much about short-term Fluctuation. Currently, not only the United States, but also the world's major economies including China and Europe are implementing loose monetary policies, so the rise in BTC price is just a matter of time. In this continuous loose cycle, as long as you can hold on, it is not difficult for assets to appreciate 3 to 10 times, the key is, how long can you hold on? In addition, there will be several important data releases on Thursday and Friday this week, and Thursday's CPI data and the minutes of the Fed's meeting are worth paying attention to, although their importance has dropped. It's also worth paying some attention to Friday's PPI data.
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The current BTC market is relatively flat due to Fluctuation over the weekend, fluctuating hundreds of points in the range of 61500-63000, and the current 62500 level is crucial, marking the turning point of the rise trend. BTC is currently in the Rebound stage after the big dump, having risen to the golden ratio of 38.2% of the decline, which is the key position of 62500. This is not only a support level but also a very sensitive Node. Once BTC can stabilize above 62500, I believe there is almost no force that can stop it from soaring again, and 69000 will be an imminent target. Although there was no quick recovery of this area after the decline last week, the long positions have shown initial signs of reversal, and the fren trapped in long positions and their patience, etc. Don't get out of positions easily because of the current weakness. The oscillation will transition in the next few days, and it will take time to open up space. What we need to do now is to go long on dips.
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Ether touched near 2456 yesterday, and from the current market data, the trend has experienced two days of oscillation. The current market data has shown signs of breaking through. The intraday Bollinger Bands are narrowing and rising, and the four-hour chart has shown a golden cross. The bullish sentiment brought by the non-farm data is heating up, indicating that the bullish market may continue to ferment in the future! The curtain has been raised on Monday, and the market is expected to hit new highs again. However, before the breakthrough, a pullback is inevitable. In terms of operation, you can layout according to the pullback long strategy.
BTC1,27%
ETH1%
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