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10.22 Market Observation | How to view the current trend?
The daily line closed in the red, and the Bollinger Bands continue to extend downwards, indicating an overall trend leaning towards adjustment. After a quick drop, a rebound has occurred, but the previous support area has been broken, and the pressure above remains evident. Currently, the trend is still inclined towards a volatile downward movement, and one can pay attention to opportunities after the rebound.
📊 Reference Points:
Bitcoin:
Testing light positions near 108300-109200
Focus on the 105800-106800 area
Concubine:
Gradually layout near 3860-3910
Looking at the 3660-3770 range
✨ Warm reminder:
The market is changing rapidly, pay attention to position management and implement good risk control! It is recommended to flexibly adjust strategies in conjunction with real-time trends~
Market analysis #加密货币 blockchain