October 12, Saturday, early trading analysis of the big cake!
From the perspective of technical structure, in the four-hour level, the running channel maintains a narrow downward trend, the currency price continues to fluctuate and fall, and no strong rebound is formed. The volume is arranged in a weak bullish form, and the moving average is consistent and downward. The small cycle is still a state of short-selling.
From the daily level, the running channel continues to continue downward, and the currency price remains weak and consolidates. In the middle and upper track area, there is no effective rebound after the dive. The short volume continues to shrink, and the moving average has not received a large joint rise. This week, I am still optimistic about the idea of shorting first. Whether the market can rebound and recover in the future needs to be followed up after the support.
Morning operation suggestions:
It is recommended to go short near 63000,
The target is 62500-62000.$BTC
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