Early morning news triggered a downtrend in BTC, which fell to a low of 109000 before rebounding, currently operating around 110500.
From a technical perspective, on the 4-hour chart, BTC has returned to the lower band after falling below it. The three lines of the KDJ indicator are turning upwards, and the bearish momentum of the MACD is decreasing, showing signs of stabilization in the short term. A low long position can be taken in the morning. #十月降息预测
Operation: around 110000-110500 du Target: 111500, 113000
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10.30 Morning BTC private deer analysis
Early morning news triggered a downtrend in BTC, which fell to a low of 109000 before rebounding, currently operating around 110500.
From a technical perspective, on the 4-hour chart, BTC has returned to the lower band after falling below it. The three lines of the KDJ indicator are turning upwards, and the bearish momentum of the MACD is decreasing, showing signs of stabilization in the short term. A low long position can be taken in the morning. #十月降息预测
Operation: around 110000-110500 du
Target: 111500, 113000