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BTC ETH latest market trend analysis at midnight: As of 10/30, the current market is in a low fluctuation range consolidation state, with prices operating between key support and resistance levels, and short-term momentum significantly weakened. The technical analysis shows conflicting signals in the moving average system: despite the bullish arrangement of the moving averages, the appearance of a death cross and the price being below the moving averages suggest a bearish trend. At the same time, the Candlestick pattern shows a bullish engulfing pattern, providing a certain possibility of reversal, but its importance is only medium, requiring further confirmation in conjunction with the performance of key support and resistance levels. Given that the current market is in a low fluctuation range consolidation state, combined with the bearish signals from the moving average system, adopting a high sell shorting strategy aligns with the current market pattern, with the target being the support range. The suggestion for short-term trading is to enter lightly with a short position.
BTC near 111800-112300 can be shorted, target around 109000.
The second pie around 3990-4020 can be shorted, with a target near 3880 #ETH链上活动升温 #比特币行情分析 #你看好ERC-8004机器经济吗? #十月降息预测 .