On Monday, October 20, the bullish BTC once again realized over 4000 points at the beginning of the week.

The market at the beginning of the week always brings a pleasant feeling, with BTC rising over 4000 points during the day. After a slight pullback in the morning, the price gradually rose from 107400, directly reaching the 116500 level. In the morning, a bullish position was given at BTC 10800; although the decline exceeded expectations, the rise provided is still quite considerable, realizing a 4000-point gain with a bullish outlook in the morning. Currently, there are short-term declines, but a reversal signal has appeared in the larger trend, and the strategy continues to focus on low long positions.

From the current daily trend, the daily chart shows a clear bottoming rebound action, with three consecutive daily candles rising. A reversal signal has appeared structurally, which means that the strong bullish sentiment in the short term is indicated by consecutive rising candles. Therefore, strong momentum does not lead to deep corrections, and deep corrections do not exhibit strong momentum. The signal for a trend change is clear, and in terms of operations, one only needs to maintain a low long strategy in line with the trend!

If you see the shadow in front of you, don't be afraid, that's because there's sunshine behind you. The direction against the wind is suitable for flying, but trading against the trend is only suitable for death. Don't be afraid of being blocked by thousands, just be afraid of giving up yourself. #ETH反弹在即？ #巨鲸加仓2.5亿美元BTC #十月降息预测