Wednesday, October 22
Looking at today's market, the daily K-line reached a high of 67800 and a low of 66600 before this report was made. It is not far from the EMA15 support point at 66000, and EMA15 also shows signs of stopping its stretch, indicating that this position has strong support and resistance. The MACD volume has decreased, but DIF and DEA are still above the 0 axis. The upper pressure level of the Bollinger Bands has broken below 70500, while the middle support point has risen above 64500 and is still stretching. KDJ has formed a death cross, and yesterday's Bitcoin spot trading was also perfectly executed.
On the four-hour chart, the Bollinger Bands are in an opening position. Due to multiple upward pressures, the trend is currently in a correction rhythm, and the bullish momentum has weakened. The lower support is slowly moving down, but the overall trend has not changed, so the focus in the future should be on the 66500 support level. As long as it does not break, the market will maintain adjustments, and there is hope for further breakthroughs. Conversely, if it breaks, the market will face a deep pullback, so I hope everyone is prepared in advance.
Trading Suggestions
For Bitcoin, buy in the 66500-66700 range, add to positions at 65800, and set a stop loss at 65600 with a target of 68500.
For altcoin, buy in the 2560-2580 range, set a stop loss at 2510, with a target of 70-100 points at
#币安累计交易量突破100万亿美元 #比特币挖矿难度创历史新高 #YGG、ADA、ENA解锁 $BTC $ETH $BNB .