横盘
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1【10.21 Cryptocurrency Circle Analysis】
At the weekend, it was mentioned that if the #比特币 one-hour line closed below 68,000, it could open a short position, but this position has never fallen below it. It fluctuated at #横盘 all day on Sunday. At 8 o'clock this morning, the daily line closed at 69030, and the weekly line also closed with a big positive line. It just touched the 69500 pressure level again, and it has not yet stood up.
In this market, short selling does face great pressure, and the dog dealer continues to pull up without looking back. So can Bitcoin break through 69500 and stand firm?
Dear coin friends, let's take a look at the views of vivi, the KOL of this community.
At 8 o'clock this morning, vivi pointed out that the WD bottom 4 hours and one hour bullish closing will keep the price in this range and continue to rise until it reaches 69000-70,000. Although it is at the weekly resistance level, it is not possible to short above 66,500 because the liquidity has not been cleared. The weekly sentiment is still bullish, and it is not safe to short.
Vivi has been telling everyone not to short over the weekend. If you want to short, Bitcoin must fall below 66,500. As for the upward trend, the current highest is 70,000. After rising to 70,000, it is believed that it will pull back to around 67,900.
You can refer to Vivi's views and make investment decisions prudently based on the actual market situation.
At the weekend, it was mentioned that if the #比特币 one-hour line closed below 68,000, it could open a short position, but this position has never fallen below it. It fluctuated at #横盘 all day on Sunday. At 8 o'clock this morning, the daily line closed at 69030, and the weekly line also closed with a big positive line. It just touched the 69500 pressure level again, and it has not yet stood up.
In this market, short selling does face great pressure, and the dog dealer continues to pull up without looking back. So can Bitcoin break through 69500 and stand firm?
Dear coin friends, let's take a look at the views of vivi, the KOL of this community.
At 8 o'clock this morning, vivi pointed out that the WD bottom 4 hours and one hour bullish closing will keep the price in this range and continue to rise until it reaches 69000-70,000. Although it is at the weekly resistance level, it is not possible to short above 66,500 because the liquidity has not been cleared. The weekly sentiment is still bullish, and it is not safe to short.
Vivi has been telling everyone not to short over the weekend. If you want to short, Bitcoin must fall below 66,500. As for the upward trend, the current highest is 70,000. After rising to 70,000, it is believed that it will pull back to around 67,900.
You can refer to Vivi's views and make investment decisions prudently based on the actual market situation.
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Bitcoin consolidates at high levels: Investor strategies in the market wait-and-see environment
Bitcoin has been consolidating at a high level recently, and investors in the market generally take a wait-and-see attitude. This consolidation reflects that the market has reached a certain consensus on Bitcoin, and it also triggers investors' thinking about future trends and the need to adjust strategies.
High-level consolidation may lead to divergence in investors’ trading strategies. Some investors choose to temporarily exit the market and wait for clearer signals and trend confirmation, while others take advantage of price fluctuations during consolidation to conduct short-term trading or hedging operations to gain profits or reduce risks.
High-level consolidation may lead to divergence in investors’ trading strategies. Some investors choose to temporarily exit the market and wait for clearer signals and trend confirmation, while others take advantage of price fluctuations during consolidation to conduct short-term trading or hedging operations to gain profits or reduce risks.
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