10.16 Market Analysis: Bitcoin Consolidating at High Levels, Looking for a Breakthrough in the Evening

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丁君羡
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4 hours ago

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  BTC: The price of Bitcoin has recently closed several consecutive bullish candles on the daily chart. It has been consolidating around the 68000 level in the evening and has broken through last night's high. In the short term, the price has not shown much of a pullback, indicating that there is still room for upward movement. Therefore, it is not advisable to try to call a top at this position; instead, pay attention to the resistance level around 68800--69000.

ETH: The rebound is relatively weak, with a small resistance level at around 2680. Only after breaking through and stabilizing above this level will the price see a significant rebound.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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