10.12 The weekend is mainly volatile, and the subsequent bullish trend is ready to harvest.
The PPI data is fake, but the market is relatively strong after the subsequent correction, and it goes against the trend all the way. As I said, after the 60500 falls below, the bottom is around 59000, so the next target of this order is the pressure around 65000. The subsequent market is always bullish, and Bitcoin can continue to go long at a low level after it falls back.
Pay attention to the volatility of the Bitcoin market during the day, and it fluctuates back and forth from around 62400 to 63300 above. It is not recommended to continue to buy long orders for the time being. In addition to the small amplitude, it is also recommended to look for opportunities in the cottage.
Daily level market
Daily level: The daily level market starts a new round of rising trend, with the upper pressure position around 65000 and the bottom range around 60500 and the limit around 59000. This round of gains has not ended temporarily. Be careful to step back to around 61800 on the daily line before rushing up.
4-hour level market
4-hour level: 4-hour level rising trend, temporarily there is a certain trend of stepping back at a smaller level, the support position of strong rising is near 62400, after breaking, the target is near 61800 and 61200 near low position to take more.
Intraday level analysis
Bitcoin intraday level is mainly bullish, basically yesterday's pin-down orders were received, and the next step is to directly get Bitcoin to explode.
The intraday market is not bad, if Bitcoin does not break below 62400, it will be mainly volatile. Considering that the weekend market is relatively small, I don’t think this position will break. If it doesn’t break, go to the cottage, and pay attention to the pressure near 63000 and 63300 above.
The spot market has survived the most difficult time, and now is the season for harvest or re-cultivation. I hope everyone will treat themselves well and make the two years of hard work worthwhile. #多军的反击 #9月美国CPI实现6连降 #加密市场反弹