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From the trend, the price stopped falling at 80700 yuan and returned to 83000 yuan, breaking through the short-term downward trend line, indicating that there are indeed funds taking over around 80000 yuan. But the problem is also very obvious: the rebound has failed to stabilize at 84000 yuan several times, and the daily high point still moves downwards, so now it can only be considered as a repair after breaking the level, not a new round of main rise. There is also a contradiction in terms of funds, with ETF funds continuously flowing out while BTC has not fallen below 80000, indicating that someone is taking up the selling order; But the slow recovery of ETF inflows also means that there is a lack of real incremental buying from above. On a macro level, the yield on 10-year US Treasury bonds has fallen to around 5.19%, and oil prices have also fallen from high levels, but Brent crude remains above $104. The Nasdaq futures have been dragged down by semiconductor stocks such as MAMericaNDK and Nvidia, and risk appetite has not fully recovered. The real direction for this week is the CPI at 8:30 tomorrow night. The market expects energy prices to push up overall inflation, but as long as the core CPI does not significantly exceed expectations, the Federal Reserve is likely to continue suspending interest rate hikes in October. This will lead to a correction of negative sentiment in BTC, but it is difficult to directly open up the main upward space. My assessment of the remaining market in October is: Prior to the release of CPI, BTC continued to fluctuate between 82000-84000; After the data landed, the rebound test was 84500 to 85500, but it was difficult to break through 87000 for the first time. Subsequently, the market will rebound to 81000-82000, completing the second confirmation of support. So for the rest of October, there is a high probability of fluctuating around 80000 to 86000, and 87400 is likely already the high point of this month. The probability of directly breaking through 90000 is not high. Key positions: 84000: Short term strength and weakness boundary 80700 yuan: The low point of this round of adjustment 77000-78000: The true defense line after losing 80000 The market trend after October is not a direct rush towards 90000 yuan, but to first clear the chips around 80000 yuan, hold onto the 80000 yuan adjustment, and then have another round of rebound; Unable to recover 85000 yuan, all price increases should be viewed as repairs first.
