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October 21 midday trend analysis
No matter how strong the market is, it is difficult to resist the impact of external news. Currently, it is showing a trend of rising and then falling back.
After reaching a peak of around 111300 in the early morning market, it has continued to pull back and is currently down to around 107400, close to the key support area. The support around 106300 remains effective and is worth paying close attention to.
Operation Reference:
· Bitcoin: If it falls back to around 106300 or 107200, consider gradually positioning long orders, with targets looking towards around 109800 and 111000.
· Two cakes: If there is a pullback to around 3830 or 3850, watch for long opportunities, targeting around 4000 or 4080.
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