Analysis of the early trading of Bitcoin:

At 8 o'clock this morning, Bitcoin closed at 62,000 US dollars, and closed with a big positive line, which closed at half of the negative line on October 1, and failed to directly recover the lost ground.

Although the news was negative last night, the market did squat in the negative news and then attacked again to a high of 62461, which just hit the pressure range of 62500. Next, it needs to accumulate strength to break through and stand firm at 62500.

The rebound effect of the altcoin is also good. As I said yesterday, ORDI/32 pulled up to 34, STX/1.7 pulled up to 1.9, and WIF/2 pulled up to 2.3. Today, Saturday, the market is not affected by the US stock market. It is basically volatile during the day. Many of the altcoins that rebounded yesterday are at pressure positions, so I will not recommend varieties today.

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