10.21 Daily Report on BTC: High-level fluctuations, is it going to drop?

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1 month ago

Counterfeit Recommendations!
In the last 10 days of October, volatility is increasing,

  1. NOT: A meme coin on the TON chain, fully circulating, the market has hit bottom and should rise next week, current price 0.00815, enter at an opportune time;

  2. CRV: The old player APE has surged, looking at the market, CRV is also about to rise, breaking through the weekly 20-line is imminent, current price 0.27, can enter in batches;

  3. OP: One of the four kings of the ETH ecosystem, the market has already reached the previous bottom, currently consolidating, it may take a longer time, enter in batches in the range of 1.2—1.65;

  4. ETHFI: A re-staking sector in the ETH ecosystem, it has also been glorious before, but has since declined, the market has already bottomed out, the weekly line is in an accelerated upward state, it should rise next week, current price around 1.65, enter at an opportune time.

10.21 Report on BTC: High-level consolidation, is it going to drop?

The daily line continues to create new highs, although it has maintained price growth, the continuous decline in volume and exhaustion of bullish momentum means that apart from the emotional FOMO, there is no reason to buy, bullish players should be wary of the emergence of a consolidation and pullback trend.

Although there has been a continuous upward trend in the medium term, there has been almost no reliable pullback process, which is an abnormal phenomenon, do not blindly chase after highs.

In the short-term trend, there have been no effective structural characteristics, signs of market protection are still obvious, but unwillingness to drop does not mean there is no risk of decline, it is better to wait for a pullback before seeking long opportunities, which is more reliable.

This article is exclusively published by (public account: Anonymous Coin) for reference only, risk is borne by the reader. Time waits for no one, and the same goes for the crypto world. Join the high-end communication circle, seize opportunities, and prepare for a bull market in the golden September and silver October!

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