Crypto Master Community: Bitcoin October 13th 【Market Analysis】

【Price Trend Analysis】

1. K-Line Pattern:

   • The daily level shows a sharp drop with a long lower shadow on October 10th (lowest reaching 102000), followed by three consecutive days of rebound, forming a V-shaped reversal prototype.

   • The 4-hour level shows that recent prices are gradually raising the low and high points, presenting a trend of oscillating upward, but there is significant pressure around 115770.

2. Technical Indicators:

   • MACD: The 4-hour level DIF and DEA have continued to diverge upward after a golden cross below the zero axis, with the momentum bar turning from green to red, indicating a strengthening of short-term bullish power; however, it remains in a weak area overall.

   • RSI: The 4-hour level has rebounded from the oversold area around 25 and is currently close to the neutral level of 50, not yet entering the overbought area, with bullish and bearish forces tending to balance.

   • EMA: The current price is running above EMA7 and is attempting to break through EMA30 (116093). If it successfully stabilizes, it is expected to further test EMA120 (117140).

3. Trading Volume:

   • The daily level saw a huge volume on October 10th (64172), corresponding to a significant drop, followed by a gradual shrinkage in trading volume over the next two days, indicating a easing of market sentiment.

   • The recent few bullish candles at the 4-hour level are accompanied by moderate volume increase, showing that funds are gradually entering the market, but the strength is limited.

   • Wishing you successful trading!

     【The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication may have delays, and the strategies may not be timely. Specific operations should refer to Crypto Master’s real-time strategies.】

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