On Wednesday, October 16, Jiang Wei analyzed that the high point of Bitcoin has been reached and is under pressure above, suggesting a short position for long-term viewing.

CN
3 hours ago

October 16, Wednesday

Where do you find children crying every day, where do you find coin prices rising every day?

Yesterday, the price surged strongly, then faced resistance and reversed, followed by a rebound from the bottom support. The market can be described as a roller coaster 🎢. I wonder how many retail investors have been ruthlessly washed out? As for the current trend, I won't say much; it's already good enough to still exist in the market!

Currently, in the daily chart pattern, the price continues to test upwards near the upper track. If the price cannot stabilize above today, then the bulls will end, and a new round of decline will begin, especially since most of the longs have already been liquidated.

Therefore, during the day, feel free to short in the 67500-67800 range, with a target of 65000.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink