October 30 BTC follow-up thoughts

During the early morning hours, Powell's speech caused significant volatility in the market, with the price of Bitcoin experiencing a sharp decline, briefly falling below the 110,000 mark; thereafter, the price quickly rebounded and recovered, only to drop again below the 110,000 mark in the morning. In yesterday's actual trading operations, our team successfully guided students to substantial gains through timely shifts between long and short positions and precise strategies, with a clear and controllable trading rhythm.

Based on the current market analysis, the specific trend and operational strategy are as follows:
Four-hour level: After three consecutive bearish candles, the market has stopped declining and is experiencing a pullback. The bearish candle's body is below with a longer lower shadow, indicating strong short-term support below; the Bollinger Bands are in an opening state, and the KDJ index three lines are turning upwards and gradually converging, suggesting that attention can be given to bullish rebounds recovering momentum in the short term. One-hour level: After two consecutive bullish candles, a slight pullback has occurred, but the pullback strength is weak, and the bullish trend structure is gradually improving. The current price is moving towards the middle line of the Bollinger Bands. It is recommended to adopt a low-buy strategy in operations, relying on short-term support to layout long positions.


BTC operation suggestion, around 110000-109300, look up to 111300-114000, if it breaks through, continue to look up to #比特币行情分析 .