$BTC daily line: first broke the previous low, then reclaimed it. The long side stop-loss was swept through once. Yesterday it broke below the previous low and then quickly pulled back, closing with a rebound bullish candle. This looks more like a stop-hunt move—the market has returned to the range (box). Below, 76000–75000 is the most critical support zone.
As long as it doesn’t break, the structure of a choppy upward trend remains intact. But don’t rush to chase longs in the short term. The daily funding rate is already at a high level, which suggests long-term long positions are heavy. There’s also no small amount of overhead supply/pressure, so the rebound height will be limited. Only if it closes above 78200 on increased volume can we say the trapped positions have been digested, and the upside room will truly open.
Next, focus on whether the spot ETF net inflow can turn positive, whether it can regain 78200 and then close two consecutive bullish candles. Also watch whether US Treasury yields and the US dollar continue to strengthen. In addition, keep an eye on the period around the midterm elections in mid-November—if the US stock market sees a significant correction, the crypto market will likely be affected too.
$CRCL is still worth keeping an eye on for buys on dips. As long as the bill hasn’t passed, related speculation won’t easily stop. For specific entry/exit levels, I’ll post them in the chatroom as soon as possible. If you want to execute together, tap below👇
#日本央行加息至31年高位
As long as it doesn’t break, the structure of a choppy upward trend remains intact. But don’t rush to chase longs in the short term. The daily funding rate is already at a high level, which suggests long-term long positions are heavy. There’s also no small amount of overhead supply/pressure, so the rebound height will be limited. Only if it closes above 78200 on increased volume can we say the trapped positions have been digested, and the upside room will truly open.
Next, focus on whether the spot ETF net inflow can turn positive, whether it can regain 78200 and then close two consecutive bullish candles. Also watch whether US Treasury yields and the US dollar continue to strengthen. In addition, keep an eye on the period around the midterm elections in mid-November—if the US stock market sees a significant correction, the crypto market will likely be affected too.
$CRCL is still worth keeping an eye on for buys on dips. As long as the bill hasn’t passed, related speculation won’t easily stop. For specific entry/exit levels, I’ll post them in the chatroom as soon as possible. If you want to execute together, tap below👇
#日本央行加息至31年高位
