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Golden September and Silver October, Winter is Coming, Wolves Live Together, Lone Wolf Dies
Daily trend of Da Bing
From the daily trend of the Big Dipper, we can see that the trend is at the daily level of the Big Dipper. Based on the current situation, the market has reached the strong pressure position of around 70000 at the upper level, and then entered the first round of correction. After reaching around 66000 at the lower level, Kangqiao has also started to rebound. Before the US presidential election on November 4th, the market is still waiting for news, and the market will soon enter the last round of correction below 70000. The first golden cross above the MACD zero track at the cycle level indicates that the violent rise of the market is about to begin.
Auntie's intraday trend
From the daily trend of Auntie's chart, we can see that she has recently hit the upper 2800 level and started a pullback near the strong pressure level. After returning to the lower 2600 level, the market rebounded. We are paying attention to the strong support around 2570-2600, and the market rebound may continue to rise above 2700. The MACD daily trend below is still dominated by bullish energy, and the retracement continues to be bullish, indicating that the bull market is about to start.
In terms of news, the gray level selling pressure has weakened, institutions continue to increase their bottom fishing efforts, and retail investors are cutting meat and leaving. In November, the interest rate was cut by 25 basis points.
In this rebound led by Bitcoin, we have witnessed the power of technical analysis and the infinite possibilities of the market. Let's remain calm and continue to follow, because the story of Bitcoin continues. Welcome to the live broadcast room for communication, and at the same time, share practical knowledge and secret tactics!
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Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.
