Cryptocurrency News
October 17 Highlights;
1. Robinhood allows Bitcoin futures trading on the app.
2. Thailand's SCB Bank will launch stablecoin cross-border payment services.
3. FOX election poll: Trump leads Harris nationwide 50% to 48%.
4. Launched investment products based on stacked Bitcoin and gold ETFs, aimed at protecting investors from inflation and currency devaluation.
5. Promoter of the cryptocurrency "Ponzi scheme" Forcount sentenced to 20 years in prison.
Trading Insights
10 Simple and Effective Money-Losing Techniques in Cryptocurrency
Focus on making profits instead of protecting yourself.
Blind optimism and blind confidence.
Impatience.
FOMO (Fear of Missing Out).
Overly trusting (superstitious) of one person.
Investing with borrowed funds.
All-in betting.
Heavy positions.
Frequent trading.
Contract leverage.
LIFE IS LIKE
A JOURNEY ▲
Below are the real trading signals from the Big White Community this week. Congratulations to the friends who followed along. If your trades are not going well, you can come and test the waters.
Data is real, and each trade has a screenshot from when it was sent.
**Search public account: *Big White Talks Coins*
BTC
Analysis
Bitcoin suggested to short around 68280 yesterday, entering at the high point, currently in profit. The daily line rebounded from a low of around 66760 to a high of around 68400, closing near 67600. The bottom support is near the MA7 moving average, and the top resistance is near 69000. MACD shows bullish momentum. The four-hour support is near the MA14; if it breaks, it can be seen near the MA30. MACD shows bearish momentum, forming a death cross.
ETH
Analysis
Ethereum's daily line formed a doji yesterday, with a low of around 2590 and a high of around 2650, closing near 2610. The bottom support is near the MA7 moving average; if it breaks, it can be seen near the MA30. A pullback can be used to enter long positions nearby. The top resistance is near the MA90. MACD shows bullish momentum. The four-hour support is near the MA30; if it breaks, it can be seen near the MA120. A pullback can be used to enter long positions nearby. MACD shows a decrease in bearish momentum, forming a death cross. Short-term entry can be considered around 2560-2520, with a rebound target of around 2600-2630.
Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article has a certain lag. If you have any questions, feel free to consult.
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