2023.10.3#btcmarket analysis
1. Oil prices are high, food prices are high, and labor income is increasing, making it difficult to push inflation down, which is not good for the pie.
2. Compared with falling, rising requires real gold and silver to pull the market... Now there is a lack of real gold and silver, so the possibility of rising prices is greatly increased. Any rise without trading volume can be considered to be a deliberate increase by the dealer in order to ship goods.
3. The general direction still adheres to the principle of wave c decline. The rebound of wave b is nearing the end. It is currently just a rebound of the downward trend.
1. Oil prices are high, food prices are high, and labor income is increasing, making it difficult to push inflation down, which is not good for the pie.
2. Compared with falling, rising requires real gold and silver to pull the market... Now there is a lack of real gold and silver, so the possibility of rising prices is greatly increased. Any rise without trading volume can be considered to be a deliberate increase by the dealer in order to ship goods.
3. The general direction still adheres to the principle of wave c decline. The rebound of wave b is nearing the end. It is currently just a rebound of the downward trend.
