10.22 Bitcoin is starting a mid-line layout, approaching 72000.

​

​Yesterday's suggestion for Bitcoin was a short position at 68500, and for Ethereum at 2710. Both Bitcoin and Ethereum successfully reached their targets. Bitcoin provided a space of 1400 points, and Ethereum 60 points.

Currently, from the 4-hour perspective, the Bitcoin market shows a long lower shadow doji candle. As long as this 4-hour candle closes positively, forming a morning star pattern, it will aid the bullish rise, even a small bullish candle is sufficient. This recent spike down was well supported by the Fibonacci 382 level. After all, the previous upward momentum was too fierce, and the short positions at high levels are not particularly sufficient, so I expect the intensity will not be too strong. This wave of decline has been relatively smooth and aligns well with personal expectations, not only because this decline coincidentally hit the previous accumulation area support, giving a good opportunity for long positions, but also providing a chance for new retail investors to enter the market. The MACD indicator in the auxiliary chart shows a strong release of divergence energy, and the bearish momentum is starting to decrease, with the fast and slow lines still operating above the zero axis. The KDJ indicator's three lines are starting to converge, having just escaped the oversold area below 20. Overall, the day’s operation is mainly focused on going long.

Strategy:

BTC: Yesterday's suggestion for Bitcoin was to lay out long positions in the range of 67000-66500. Friends who followed this can hold on without action. For those who currently have no positions, it is recommended to enter long positions in batches at the current price of 67400, 67000, targeting 68500, 69400, 70000.

ETH: For Ethereum, it is recommended to enter long positions around the current price of 2635, targeting 2680, 2710. #比特币政策 #特朗普家族加密项目 $BTC $ETH