Thoughts in the early morning of October 1:
First of all, Tan Sen wishes everyone a happy National Day and a happy holiday. I also wish you all the best in the market!
On Sunday, the top-back structure of the daily trend was analyzed. The market was in line with expectations during the day, and it broke through the resistance range below strongly, reaching 63220. From a technical analysis point of view, the four-hour level of the upward trend was broken. The reversal will not be as big as two or three k points. What is worth noting at present is that you should not be affected by the market sentiment to make your rational judgment. From the 4-hour chart of BTC: the market has a very obvious semi-ellipse structure, and the semi-ellipse trend is downward, indicating that the general direction is empty. The bottom of the semi-ellipse is near 62630, so the lowest and best position for bearishness is near 62600. Combined with the technical indicators, all are bearish, so this wave of retracement looks at the pressure near 64500!
Big pie: short around 64100 to 64500, target 63000
Second pie: short around 2640 to 2660, target 2580
#HMSTR开盘 #非农就业数据即将公布 #币安上线EIGEN #FTX赔偿计划 #美国8月核心PCE创4月以来新高 $BTC $ETH