10.16 Luo Yi’s Evening Bitcoin & Gold Outlook 🔥
Trend Outlook
Waller’s remarks are out, and the market has largely absorbed the news. Tonight’s market is returning to range-bound trading, with no new unexpected headlines expected to cause a shock. Don’t chase rallies or sell into dips; focus on buying dips near support.
Market Recap
Bitcoin and gold traded in a choppy range during the day. After Waller’s remarks, prices fluctuated slightly but showed no clear one-way trend. Bulls and bears are still battling within the range.
Market Analysis
Waller’s remarks were neutral and gave no signal of significantly tighter policy, easing bearish expectations. The two assets are moving in tandem and are currently consolidating after a rebound to build momentum—not undergoing a trend reversal. Tonight, focus on range support and wait for prices to stabilize before entering. Use stop-losses to guard against sharp wicks.
Trading Suggestions
Bitcoin: Support at 81400–81700. Once prices stabilize, consider a short-term long position. Stop-loss at 80800. First target: 82800–; second target: 83400.
Gold: Support at 4160–4170. Once prices stabilize, consider a short-term long position. Stop-loss at 4145. First target: 4185–4195; second target: 4210.
$XAUT
$BTC
Trend Outlook
Waller’s remarks are out, and the market has largely absorbed the news. Tonight’s market is returning to range-bound trading, with no new unexpected headlines expected to cause a shock. Don’t chase rallies or sell into dips; focus on buying dips near support.
Market Recap
Bitcoin and gold traded in a choppy range during the day. After Waller’s remarks, prices fluctuated slightly but showed no clear one-way trend. Bulls and bears are still battling within the range.
Market Analysis
Waller’s remarks were neutral and gave no signal of significantly tighter policy, easing bearish expectations. The two assets are moving in tandem and are currently consolidating after a rebound to build momentum—not undergoing a trend reversal. Tonight, focus on range support and wait for prices to stabilize before entering. Use stop-losses to guard against sharp wicks.
Trading Suggestions
Bitcoin: Support at 81400–81700. Once prices stabilize, consider a short-term long position. Stop-loss at 80800. First target: 82800–; second target: 83400.
Gold: Support at 4160–4170. Once prices stabilize, consider a short-term long position. Stop-loss at 4145. First target: 4185–4195; second target: 4210.
$XAUT
$BTC