10.21 Market Analysis: Bitcoin is stirring, a new high is within reach.

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11 hours ago

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  BTC: The price of Bitcoin rebounded to a high of 69,500 in the morning, after which it began to pull back. Although the short-term trend is weakening, the overall trend remains upward. From a weekly perspective, there is a strong bullish candle that has engulfed the previous one, and it is just a step away from the 70,000 mark. However, there is also a significant amount of trapped positions above this price, so it is expected that the price will surge again before pulling back. Pay attention to the support area around 67,500.

ETH: This round is also experiencing a rebound, similarly showing a high in the morning followed by a pullback, with the key support area around 2,630.

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

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