Market analysis
The current market is in a volatile pattern, mainly through volatility to eliminate the 4-hour top divergence phenomenon. It is expected that by the end of October, the market will be able to break through the previous high of 73,800. In the short term, the market has not even touched the support level of 65,000, which clearly shows the strength of the bulls. It is expected that the consolidation period will continue until the end of the National Day holiday, and then the market will continue to maintain an upward trend.
Operation strategy recommendations
In view of the instability of the market, it is recommended to be cautious about non-mainstream (copycat) currencies and avoid aggressive operations. At the same time, you can refer to the operation strategy released yesterday for adjustments.
Recommended hot currencies and trading points
$PEPE (King of Earth Dog) Buying point: 1043, 1006 Stop loss setting: 968 Target price: 1125
$FET (AI sector leader) Buying point: 1.53, 1.49 Stop loss setting: 1.46 Target price: 1.67
$WIF (SOL series strongest currency) Buying point: 2.18, 2.11 Stop loss Setting: Corrected to "2.07" (the original "stop: 2.074" may be wrong) Target price: 2.34
$ORDI (Bit Ecological Inscription Leader) Buying point: 38.18, 37.37 Stop loss setting: Corrected to "36.60" (the original "stop: 36.6" is a colloquial expression) Target price: 39.93
Risk warning
Please note that all transactions are risky, including market risk, liquidity risk and operational risk. It is recommended to conduct sufficient market research and risk assessment before trading. Leveraged transactions require special caution. It is recommended to control the leverage below 5 times to reduce potential risks. The above recommendations are for reference only and do not constitute investment advice. Investors should make decisions based on their own circumstances.
