【10.22 Bitcoin Market Analysis】

Yesterday's daily closing formed a solid bearish candlestick, with the closing price within the intraday support range. Although the short-term trend is slightly bearish, the daily support level has not breached the bullish trend support, so there is a possibility of a rebound during the day. Therefore, in the daytime, we are more optimistic about a high-level sideways recovery, while in the evening, we lean towards a continuation of the decline. The only point to note is the strength of the intraday rebound; pay attention to the short-term resistance zone of 68500-68800, and see if it can break through. If not, consider going short.

【10.22 Bitcoin Trading Strategy Reference】

Short Position: Enter short positions in the 68500-68700 range, with an average defense of 500 points, look down towards 67200 to reduce positions, and continue taking profits down to 66200 in batches. 【Maximum target at 65500】If the bullish momentum is insufficient during the day, consider entering early around 68200.

Long Position: During the daytime phase, a short-term pullback near 66900 can be considered for light long positions, with stops set at the previous low, looking up towards 67600-68200. 【Before 6 PM】

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