10.10 Daily Report on BTC: The decline has arrived as expected!

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1 month ago

2024.10.10, Views on the Shanzhai Hotspot:

  1. BN has launched an AirDrop for Chiliz (CHZ) holders, allowing them to receive PEPPER,

  2. Tonight is the decisive battle for CPI, and there will definitely be significant volatility today. Personally, I still see a bearish outlook,

  3. Sam Altman's company has announced plans to open new offices in the United States, France, and Asia.
    Opensea is going global, and the AI sector is once again in the spotlight.
    Key focus areas: LAMB, TURBO, AIDOGE, FET, WLD, etc.

BTC has once again initiated a downward assault on the 60K integer level, which is completely consistent with the bearish expectations I have been reminding about daily recently. The probability of breaking below this integer level after the current assault is quite high.

In the medium term, after completing the breakdown of the descending flag pattern yesterday, it has announced the beginning of a downward trend. The current market is in a healthy downward process, and the medium-term bearish outlook remains unchanged.

In the short term, the market may continue to maintain an N-shaped trend, completing each new low. If you miss the opportunity, there may not be many chances to get in.

This article is exclusively published by (WeChat public account: Wandering Coin Rich), for reference only, risk is borne by the reader. Time waits for no one, and the same goes for the crypto world. Join the high-end communication circle, seize the opportunity, and prepare for a bull market in the golden September and silver October!

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