Evening thoughts on 10.10


The big pancake has retreated from the high point of 126208.5, and after touching the low point of 119572.8, it has been consolidating. The three KDJ lines are converging around 48, indicating a balance of bullish and bearish forces, and it is in a critical period of direction selection; the MACD indicator's DIF has crossed above the DEA, and red bars have appeared, showing a short-term recovery of bullish momentum. Overall, it is in a stage of consolidation and adjustment, and attention should be paid to the direction of KDJ, the continuity of the MACD red bars, and the breakthrough of key price levels.
Operating idea for Bitcoin: Pullback near 120894-120336, looking up to around 122137.
Auntie's trading strategy: Pullback near 4298-4275, look up around 4410.
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