Daily Interpretation 10.24
Bear markets only lose small money, bull markets lose big money
Institutions' feast, exchanges' ATM
Retail investors only have the fate of being cut
Expect less, leverage less
The cake is only this big, those who can make money are all catching the wind
Gambling too much, accounts eventually end up at 0
What you think is the pattern, the main upward wave of a bull market
In the eyes of the dog庄, it's a joke, crazily being harvested
Summary:
1: All long positions around 65550 were liquidated, with a minimum spike down to 65289. Today we will see if there is an effective breakthrough of the 67800 resistance, and if we stabilize, the downtrend will officially end. Be cautious about a second bottom test at 66500, around 65600.
2: The Ethereum series is really a fighter among garbage. The ETH/BTC exchange rate has dropped to a new low since April 2021. The drop is very smooth, but the rebound is very difficult. It will basically become the next Ripple, like Litecoin. The catalyst for Ethereum is the Pectra upgrade; the speculation is probably about to end. Short-term resistance levels are 2575, 2644, and the second test order positions are 2508, 2476.
3: The Sol series is really impressive. The Sol/BTC exchange rate has hit a new high. It seems the position of the second place is really going to be handed over. The top gainers BOME, JTO, JUP, WIF are all Sol series tokens.
