10.22 Market Analysis: Bitcoin Rises and Falls, Profit Taking or Plunge?

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丁君羡
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5 hours ago

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  BTC: The daily chart for Bitcoin has continuously closed with bearish candles, but it has not broken below the daily ascending trend line. After a short-term decline, the price is clearly undergoing a rebound and correction. A significant resistance level is around 68000. If it cannot stabilize here on the daily chart, it may continue to adjust further.

ETH: It has fallen back into the previous triangular consolidation range, with a minor pressure zone around 2680-2700. Pay attention to whether the daily chart can stabilize above this level.

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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