Lan Ce | October 1st Big Biscuit Today’s Market Analysis $BTC
【Today's Silk Road】
Entry: Pullback 83300—83500, stable support and go long
Stop loss: Below 83100
Take profit: First target 84000—84200, Second target 84400—84600
【Key Conclusion】
In the early session, the Big Biscuit gradually fell from the 84490 area; in the afternoon it accelerated into a dump, hitting the 83186 low. Then it quickly rebounded in a sharp “V” shape and is now back to 83718. The MACD green histogram has shrunk significantly, and the fast/slow lines near the zero line have started to turn upward. This kind of rapid sell-off followed by a fast rally is the clearest sign of trading skill—newbies panic when they see the drop, while seasoned traders see the opportunity. Support from below is not weak, and the short-term sentiment floor has likely already formed. However, overhead moving-average pressure is still there; a direct V-reversal is difficult. More likely, it turns into a wide-range consolidation to digest the move. On a pullback and stabilization at 83300-83500, go long with light positioning. If it breaks below 83100 with increased volume, the long trade on the Silk Road should be abandoned.#比特币升破85200美元
【Today's Silk Road】
Entry: Pullback 83300—83500, stable support and go long
Stop loss: Below 83100
Take profit: First target 84000—84200, Second target 84400—84600
【Key Conclusion】
In the early session, the Big Biscuit gradually fell from the 84490 area; in the afternoon it accelerated into a dump, hitting the 83186 low. Then it quickly rebounded in a sharp “V” shape and is now back to 83718. The MACD green histogram has shrunk significantly, and the fast/slow lines near the zero line have started to turn upward. This kind of rapid sell-off followed by a fast rally is the clearest sign of trading skill—newbies panic when they see the drop, while seasoned traders see the opportunity. Support from below is not weak, and the short-term sentiment floor has likely already formed. However, overhead moving-average pressure is still there; a direct V-reversal is difficult. More likely, it turns into a wide-range consolidation to digest the move. On a pullback and stabilization at 83300-83500, go long with light positioning. If it breaks below 83100 with increased volume, the long trade on the Silk Road should be abandoned.#比特币升破85200美元
