Hello everyone, today is October 3rd. Yesterday we told you that the upper pressure was 62,800-63,200. As a result, the highest price of Bitcoin rose to 62,400 and touched the top. Then it continued to fall and fell to 59,996. It fluctuated within this 2,000-point range. The trend was similar to our expectation, but the points were still a little different. Will Bitcoin continue to fluctuate? Will it happen again and fall below 60,000 to 57,000? Without further ado, let's take a look at the latest views and analysis of various bloggers.
First, let's look at the chart champion Daniel. He said yesterday afternoon that Bitcoin's current important support level is at 60,000, which is a psychological support level. There is buying in the market near this level. The average EQ of the previous month of 59,500 is regarded as an important support area. The potential further support level of 58,000 may attract more buying if the price falls back to this level. The resistance level is 62,100, which is the main resistance in the short term. It combines a number of technical indicators such as the daily moving average and point control. The value area of the previous month of 63,000, the high point is regarded as the key upward resistance. If you open a long position, if the price is close to the support level of 60,000 or 59,500, you can consider opening a long position, especially when there is a strong rebound. If you open a short position, if the price touches Near 62,100, you can consider shorting in the short term, especially when there is a reversal signal. The lack of liquidity in the market may lead to greater price fluctuations. Therefore, we must pay close attention to the trading volume and the inflow and outflow of funds. Bitcoin is currently at an important technical level. If it can find buying near the support level, it may continue to rise. On the contrary, if it falls below the support level, it may trigger greater selling pressure. It is necessary to pay attention to market sentiment and external news, such as geopolitical events. These factors may affect price trends. Danny's point of view is very clear. Opening a short at 62,100 is definitely a high level. It is not bad to go long until it reaches 60,000. The profit is 2,100 points down and 800 points up. It is very impressive. You can pay attention to his strategy.
Next, let's look at Arthur.
He said good morning at 10:30 last night.
, it seems
, our transaction is moving towards yesterday's POC
, still looking for shorts
, so we'll see what forms on top
, which is equivalent to 10:30 last night
Arthur asked everyone to look for short opportunities around 62,100
, and then he went on to analyze
, the current range is good
, several extreme values are needed
, which is the range in which he believes Bitcoin will fluctuate
, the price corresponding to the lower edge line is 60,000
, the price corresponding to the upper edge line is 62,200
He asked everyone to oscillate within this range.
, very beautiful to eat back and forth
, down 2,000 points
, now there is a profit of 1,000 points
, then analyze
If AAVE hits a new low
, looking for AAVE long opportunities
, is to let everyone look for long opportunities around 138
The interim target is around 152
, and adopt a long-term strategy
Arthur's point of view
, which is equivalent to the fact that he also saw around 62000 last night
, from his perspective on AAVE
He thinks this might be the bottom.
, you can refer to Arthur's point of view
Next, let's look at Migo.
At 3 o'clock yesterday afternoon, he
Gave a long order of 61,600 Bitcoin
Invest one Bitcoin
Also place a long order for Bitcoin at 59,500
There is also a long order for Bitcoin
Add position at 58,000
There might be a direct rebound here
If it doesn't rebound
The following two orders have been traded
Will lower the average price
Only won 64,000
Ethereum Double Top Spire Produces Drop as Expected
A false breakout occurred at a small level
Trend Patterns
I think there will be a pullback
The rise may reach around 2,560 or 2,580.
It is still possible to fall again after reaching the target
I said 2,600 before
Bearish to around 2,3802,4402,400
You can see 3,000 good
Ethereum price is now 2,374
It fell below the 2,380 that Migo said.
He thinks it's possible to bounce back from here
Go directly to 3,000
Next, let’s talk about an expectation of Bitcoin
Good Migo's point of view
relatively
Migo believes Bitcoin will rebound to around 64,000
Then it falls again
Target around 58,000
After falling there, it will rebound to 70,000
Then it slowly fell to 44,000
He expects a rebound in the next wave
He thinks this might be the bottom.
You can refer to Migo's point of view
Next, let’s take a look at blockchain sniper vivi
Analyzed at 1am this morning
When Bitcoin fell from 61,800 to 60,500
News of war broke
Maya asked me if I would continue to go long
I'm sure you've all asked him.
I did and I closed my position
Bitcoin also rebounded
Please don't think that yesterday's war escalated
If you follow the developments
The leader of Hezbollah was assassinated two weeks ago.
The news only attracted attention yesterday
Because mainstream media chooses the time to broadcast
Think about it
I gave you Bitcoin three days before the news broke
Final launch plan for US stocks and TSX
Believe in strong orders
Not news
You all like this question
How confident am I in these two shorts?
Look here
All whales
Their orders are usually large and can be completed in one go.
So they use liquidity to lock in bulk
Make the long position smaller than the short position
and make it look like it's over
When they complete the huge order
Will sell again
Price in the 63000 area
This is why I continue to short Bitcoin
Bitcoin will fall again
I am on the Bitcoin chart
You'll see I've raised a level
If this level is recaptured
Bitcoin will rise directly to 65,000
Instead of callback
that's why
We have completed the 2B plus order form
630,000 We only got 3B
If we see new orders over 3 billion
This could happen to the dollar
That's why I opened it
If it reaches 63,000
We may not have new orders
No order larger than 63,000
We are short again
You must want
Why was our original plan 49,000
Now it is 55,000
The plan remains the same
But there are still sell orders at 65,000
Just like I said
Their orders are huge
So it won't be done all at once.
At the price of 55,000-56,000
I see some bulls are big enough
Can be filled again 65,000-68,000
When Bitcoin fell to $63,000
We are on the way down
Didn't see any huge sell orders
So the copycat story before the election
Inevitable rise from 55,000 to 66,000 to 68,000
Consider the news that appeared last week at 66,000
You'll see the worst news at 55,000
Emotional chat section news about x
Buy on dips from time to time
If we use Wyckoff's calculation
This is the beginning of accumulation
First high point and first hour
Therefore, 55,000-56,000 ST in the spring
According to the textbook model
This is a confirmed buy level for the alt season
ST formed in 59,000 area
55,000-58,000 can be accumulated anywhere
It takes time
The sentiment in the chatroom is generally bearish and negative
Because it takes time
Please stay calm
Focus on the big picture
Good this area's point of view Sniper VIVI's point of view
He believes that this wave will still fall to around 57,000
Then there was a big wave of good news during the US election.
According to Wyckoff, this decline
The best opportunity to enter
Now, regarding the news about Hezbollah
I really didn't expect to be killed two weeks ago
Wall Street has perfect control over the news
Awesome, you can refer to Vivi's point of view
In general, the price corresponding to the lower edge of the consolidation zone is 60,089
The price corresponding to the upper edge line is 62,281
Several big guys mentioned this range last night.
Very accurate
Eat 3,000 points steadily
