Today's market analysis
After the opening of the U.S. stock market last night, BTC rose all the way, directly breaking through the 66,000 line, and then began to consolidate at a high level. This morning's wave of upward rush also touched the upper pressure level of 66,500, and then began to fall back and consolidate. From the K-line chart, it can be seen that the selling pressure in this range is still relatively large, but it did not fall too much under the high market sentiment. The current BTC price is around 65,900. Today, we mainly focus on the market after the opening of the U.S. stock market at 9:30 pm. The wave of cottage general decline in the afternoon showed some signs of capital withdrawal. If the U.S. stock market leads to a decline after the opening, there is a high probability that there will be a decline that will last for about a week in the short term. However, every decline is an opportunity for everyone to build a position, so there is no need to worry too much. The general election and interest rate cuts in November will allow the big cake to break through new highs again, so now is the opportunity to buy the bottom!
Daily trading ideas
The intraday trading ideas still continue the previous idea of going long at a low level. Although there are signs of capital withdrawal in the afternoon's decline, the subsequent buying power is also relatively strong, so at this stage, it is more of a long-short game, just be firm in your own views. You can choose to enter a long order at 65300, and the defense position is 64600. If the volatility is large, the stop loss position will move!
Spot sector analysis and recommendation
Many currencies were affected by the decline in the cottage market this afternoon. Among them, the hot currencies neiro, not, and bome all fell sharply. However, this kind of meme coin rises and falls quickly, but there is still a probability of explosion as long as the heat is still there, so these currencies are also the currencies we focus on. At present, bome is still in hand, and ordi has been cleared at 38. Now what needs to be done is to wait patiently for the next position to open a position.
Short-term focus: neiro, sui, bome, not, turbo
Other currencies have not seen signs of capital inflow for the time being, so you can ignore it for now. At present, the meme sector can clearly see the inflow of funds, and the ai sector also has a little but not much, so there are not many eye-catching currencies!
