ETH Trend Market Analysis: You can now take positions based on a wide-range fluctuation strategy, with the wide fluctuation range being between 3675-4250. The points above that are good for shorting are 3932, 4009, 4160, and 4200. At the 4-hour level, there is a bullish engulfing pattern at the bottom of the fluctuation range, and the upcoming market trend will mainly focus on low long positions.



MACD 4-hour golden cross trend is bullish,

Personal operation advice: The current market is experiencing wide fluctuations, and it is also advisable to refer to the Berlin band on the daily chart for trading. In a wide fluctuation, the focus should be on low buying, while high selling should be prioritized at high points. The market has currently shown a reversal pattern, so continue to buy more after a pullback.

BTC: The daily chart shows a 4-day consecutive decline with accompanying trading volume, and the bears remain strong. Today, the focus is on whether it can rise and stabilize above 110000; otherwise, there is a risk of further decline. Currently, there are signs of a halt in the small timeframe. Aggressive shorting can be done around 110000, while a more conservative approach can be around 112000. This market is somewhat similar to the period from the 14th to the 17th, and the subsequent trend should be a consolidation phase, followed by a surge and then a pullback. More emphasis should be on low buying, and position management should be prioritized towards the end of the month.
ETH-7.79%
BTC-5.74%
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GateUser-19170589vip
· 10-31 03:08
Stay strong and HODL💎
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Beautiful168vip
· 10-31 02:30
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Beautiful168vip
· 10-31 02:30
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Beautiful168vip
· 10-31 02:30
Stay strong and HODL💎
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YuanbaoPandavip
· 10-31 01:59
坚定HODL💎
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