$BTC #今日思路
It's hard to go up now, that upper引线 is too long, and the resistance is very large!
This weekend may be a bit different from usual, with the election day approaching, market control is becoming more frequent, everyone must pay attention to volatility.
The panic in the news has already triggered some whales to sell off in large amounts, and the country is becoming increasingly unstable. Currently, it seems that regardless of who the White House master is, the market is highly likely to crash.
Of course, these are just some things that the market is reflecting to us at the moment. What the outcome will be is still up to time to decide. What we need to do is to firmly hold on to our capital and seize the opportunity for a decisive victory.
From a technical perspective, looking at the daily chart, the resistance above is very strong. The continuous three bearish candles have formed a descending box pattern, and this 69700 position is still the upper edge of the box. Based on the trend, there is a high probability that a bearish engulfing pattern will occur, so pay attention to the downward trend in the next couple of days. However, Lao Li advises not to chase too aggressively, as Lao Li often says, technical analysis is minor compared to news, and one must recognize the big trend!
Operational thoughts: Around 70000 is a critical watershed, the four-hour chart is currently bearish, and buying at high positions is a stable operation. Above 7 can be a head shot, with pressure as shown in the figure below.
Continuously pay attention to SUI, NEIRO, ETH, SOL, WIF......
If you want to seize this bull market, it is definitely too late to learn and sell on the fly; it is best if someone can help you quickly get started.
I am Lao Li, welcome to communicate!
