10.26 noon market: Bitcoin bulls bravely venture into the world independently.After the establishment of Weekly Westward Journey, beware of the bull market’s retracement.

The article is contributed by the head of the Cooking Group, the columnist of Jinse Finance and Economics. The remarks only represent his personal views and are only for learning and exchange! Golden Disk will not actively provide any transaction guidance, nor will it charge any fees to guide transactions. Readers are requested to carefully screen and beware of being fooled. the

The sun rises in the east and rains in the west, but there are sunny days on the road. Just this weekend, the Dow Jones industrials fell more than 170 points at the opening of the U.S. stock market on Monday, which directly affected the current trend of gold, crude oil, and even the A-share market. However, Bitcoin continued to break through new highs during the year in this round of market, and it successfully rose to $13,350 just yesterday, which is within easy reach of the 19-year high of 13,968.

Solana has released the mainnet Beta v1.10.25 version: News on June 18, Solana recently released the mainnet Beta v1.10.25 version, and several validators have been upgraded to this version. [2022/6/18 4:37:30]

Observe the Bitcoin weekly system at the current time point. In late July, the positive line broke through the three-year high point connection 19875-13968-10500 and formed the iconic Wukong positive line after the important resistance line at 9700 points. The trend of the weekly level Bajie positive line is very independent and strong. , but the weekly-level Drifting Yangxian suffered a sharp correction and even made people mistakenly think that the weekly-level rise in the Westward Journey is over.

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But last week, after successfully breaking through the Drifting Monk position to adjust the upper edge of the box and the crazy Tang Monk Yang line appeared, it marked that the upward journey to the west has been successfully completed on the weekly line. According to the time-level rotation relationship of the K-line Journey to the West strategy, once the weekly level rises, it is more likely that the daily line level will drop and the time level adjustment will occur.

Gate.io Quotes: The market for Bitcoin forks has risen sharply, and the highest increase of ETF products has reached 210.02%. The highest increase of 50.72%, the highest increase of BCHSV spot 24H 80.6%, the highest increase of BCHA spot 24H 30.57%, the highest increase of BCD spot 24H 71.15%.

Affected by the spot market, the bitcoin fork coin series leveraged ETF products rose sharply, sorted by the highest increase in 24H: BCHSV3L (+210.02%), BCH3L (+127.73%), BCHA3L (+74.71%). Recently, the market has fluctuated greatly, please pay attention to controlling risks. [2021/1/10 15:47:50]

Although we have not seen this adjustment at the current point in time, it should be clear that the adjustment at the daily level is triggered by the adjustment at the 4-hour level. After yesterday’s high point of $13,350 appeared, we can clearly see on the 4-hour K-line at 12:00 noon yesterday that a bardo line has appeared on the 4-hour level. If the lower shadow of the bardo line The line low of $12,891 is broken and cannot be recovered on the 4-hour K-line system, then Bitcoin will officially start the 4-hour or even daily level adjustment. Therefore, bulls should pay attention to beware of short raids that may come at any time after being arrogant.

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Author: Head of the Cooking Group

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