Market Trend Observation (


The long-term trend of the BTC is still in the downward fall trend, and the fall strength of the downward trend continues to increase, but the trend is in a volatile downward state, and the price has not been able to effectively break through the medium-term support near 63,000 fall, and the deviation has not been repaired, so the price has not been on the pump short for the time being.
Sideways from the 8th in the medium term, there is no clear direction, there is no current trend strength, but there are shorts up and down the price. Sideways highs in the medium term are at 64,000 and lows around 60,000.
The strength of the pump trend on the 12-hour cycle is weakening, and there are shorts up and down. The nearest pressure is around 63000.
In the 6-hour period, the price is confirming the top, and the strength of the last pump trend is weakening, so the probability of the price fall is increasing.
The 4-hour cycle trend has turned successfully, and the strength of the downward falling trend continues to increase, and the intraday short volume is cooperating, and the current volume is not large. The nearest support ahead is around 61000.
The short-term support of the 1-hour cycle is around 61000, and the strength of the current short-term downward fall trend is gradually weakening, and the intraday short volume is getting bigger and bigger, but here it begins to enter the short-term Sideways shock, and the price Fluctuation is very large. In the next trend, the rebound is not higher than 62000, and the turning point is the condition for entering short orders.
The long-term trend of the ETH continues to fall, and it is very obvious, the strength of the fall downward trend continues to increase, and even the deviation has been well repaired, opening the upper pump short, but the BTC does not cooperate, and the market directly diverges.
There is no strength in the medium-term trend, and the current Sideways continues to be volatile, with the low of the shock around 2900 and the support ahead of it around 2600.
The 12-hour timeframe is confirming the top, but there is still no change in strength. The current volume is also not large. Mainly shorter.
The 6-hour MACD can turn around at any time, allowing the trend to converge. The current price is still holding the supporting range around 2900. The nearest pressure is around 2960 and the important pressure is around 3030.
In the trend of the 1-hour cycle, there is a large downward deviation, there is a short-term rebound demand, the recent large number of highs pressure around 2940, the final defensive level is around 2980, but the price can not [not not] break through 2980. Otherwise, it will cause great trouble to the subsequent trend [including the long-term trend]. The probability of going up will be getting bigger and bigger.
Conclusion:
BTC is already trying to go down, then there will be a rebound demand after the short-term downward deviation, the recent short-term pressure is around 62300, then the subsequent Rebound can not be higher than this position, the turn can try to use a small Position into the shorts - because the medium term or continue to maintain a sideways shock, so the Position can not be too large.
ETH there is a short difference between the trend and the BTC, but it also has to go Rebound, and the price is best to start turning downward without breaking through the near point pressure near 2940, and you can use 10% of the previous short order profit to enter the market [sweeping to stop loss is the loss is so long].

Small coin observation
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Supporting and pressure are always a range, not a point.
Supporting and pressure are different in different time periods, but the difference is not very large. So, we look at which cycle, supporting and pressure look at which cycle, try not to mix, but to know what this position expresses.
Since the market will continue to follow the long-term pullback trend, the probability of small coin planting pump will be very small, so it is not recommended to enter the Spot directly.
【C77C】The long order near BTC62400, the Get Liquidated price is at 60100, and it is currently in a 15-minute Rebound trend, and there is a downward deviation that needs to be repaired, and the nearest pressure is near 62000. For the time being, you can continue to hold it. But it must be resolved tonight. The stop loss can be placed around 61540, and if the position is too large, you can now reduce a part of the position first. √
Ckb [small JJJJ], the current medium-term trend and the direction of the long-term trend are the same, then the probability of the price continuing to go down will be very large, and the medium-term support ahead is around 0.01. It is also a long-term supporting, so don't rush in until the long-term pullback is over. Although it is Spot. √
WIF [coins lead the world], short-term pressure is around 3.0.
BTC-0,02%
ETH0,31%
CKB-1,15%
WIF0,15%
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GateUser-f151eeb8vip
· 2024-10-15 07:12
thanksgor the information!
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