10.18 Daily Thoughts Sharing: Accumulate Strength and Look Forward to Breaking through
One night has passed, and we can see that the market has not experienced too much fluctuation, but has been running within a short-term range of over 200 points for 15 minutes. In yesterday's market, the momentum was still very strong, with fast and large movements and a high frequency of orders. Grasping the rhythm well, this market can be said to be easily controlled! In yesterday's layout, a total of over 1300 points were obtained from two long positions. As the saying goes, "Work with the right people and do the right thing."
From the current daily chart, the market is still oscillating near the upper Bollinger Band, seeking a breakthrough opportunity. It can be seen that after the long bullish candle, all previous declines have been recovered. The upward momentum of the market is still strong. Looking at the four-hour chart, there is no sign of a decline, instead, it has been forming doji and small bullish candles. Currently, it is still accumulating strength for adjustment, and after the intraday adjustment, it will definitely provide a strong upward breakthrough.
Bitcoin: Long at 28350-28250, target near 29100
Ethereum: Long at 1560-1550, target near 1610
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