Brothers, the 9-digit BTC is in the 9-digit range. At 9:30 last night, the US released the October CPI data, which was in line with expectations. In 4 hours, the BTC soared by 6,000 US dollars to 93,263 US dollars before pulling back. A week of madness has attracted many newcomers to the cryptocurrency circle. The fear and greed index is already 88, which is extremely greedy. The market is overheated and needs to release some overheated emotions. Be careful that the 9-digit BTC may return to below 8, and kill the leeks that are on the top.
Remember the A-share market before the National Day? Brothers, do you think the BTC will imitate the A-share market and continue to rise after a deep adjustment? I personally think this is very necessary, but the pullback is also part of the natural trend of the market. Everyone should keep a calm and rational attitude. Didn't CZ remind everyone a few days ago? Please implement risk management appropriately and control your greed. If this kind of real money game causes losses due to emotional overheating, it would be too wrong.
The unilateral upward trend of the BTC after the new high is extremely strong, and the consolidation trend is still bulldozing upward. Falling is an opportunity. For this kind of callback in the early morning, buy a small amount and control the position. Spot is enough. Buy any cake. If you really have some space, it will come back soon. Those who are afraid of heights are miserable. The bull market has just begun.
This round of rise is the hype logic of Trump and Musk. For MEME, there are only big cakes, dogs, and some strong MEMEs. This is the leader. Dogs will rise with big cakes. The market has not yet turned to other sectors of the market. The opportunity cost of ambushing other cottages is very high.
Today's market analysis: From the K-line, $BTC is falling at the one-hour level, the 4-hour level is also falling, and the 12-hour level looks like it will turn down. The daily level is still in an upward trend. The intraday pressure level is 93,300 and the support level is 87,500 US dollars.
