Powell's speech was neutral to dovish, and Bitcoin showed a slight rebound, but it wasn't strong, given the heavy pressure above. After a significant drop during the day, it reversed upwards in the evening, creating a large swing; it was another day of multiple washouts.
As Powell spoke, Yingjie successfully closed with a 100-point order, focusing on the 114,000/4200 resistance level during the early hours. After the news, it may continue to rise technically to test the resistance level.
Onlooker
Bitcoin: Looking at the range of 11.38-11.43, and looking down to the area of 11.15-11.2.
Style: 4188-4220 area for the upward movement, and look down to the 4050-4020 area (of course, if there is a prior pullback, then the downward target area can be reached) #BTC #GateFun社区上线
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In the early hours of October 15th:
Powell's speech was neutral to dovish, and Bitcoin showed a slight rebound, but it wasn't strong, given the heavy pressure above. After a significant drop during the day, it reversed upwards in the evening, creating a large swing; it was another day of multiple washouts.
As Powell spoke, Yingjie successfully closed with a 100-point order, focusing on the 114,000/4200 resistance level during the early hours. After the news, it may continue to rise technically to test the resistance level.
Onlooker
Bitcoin: Looking at the range of 11.38-11.43, and looking down to the area of 11.15-11.2.
Style: 4188-4220 area for the upward movement, and look down to the 4050-4020 area (of course, if there is a prior pullback, then the downward target area can be reached) #BTC #GateFun社区上线