โผ๏ธDumping is not far away from us. This is not alarmist, because it is the general trend.
Before making a specific analysis, we need to first understand an event that we should pay attention to in the future:๐
On October 17, the SEC will review 5 BTC spot ETFs again. Regardless of the outcome, the market will experience wild swings, so use necessary risk management.โ ๏ธ
๐ง Now that the event driving factors are in place, letโs analyze them based on the event expectations.
Then I opened the EMA technical indicator and simulated its possible trajectory, and made a surprising discovery: the death cross is about to appear! ! !
โ๏ธWe all know that technical indicators are delayed. When the death cross occurs, we may have missed the entire market opportunity.
In addition, we have been consolidating here for a long time. BTC is likely to break the wedge structure and start falling before the 17th.๐
let us see๐