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BTC$ETH Midday Analysis — Published at 13:15 on 10/30



I didn’t expect the range to break because a certain exchange was hacked, triggering a sharp drop. I had anticipated a decline, but unfortunately got stopped out last night. At this point, the people I owe an apology to are my family. When you take a hit, stand up and own it. Here at Rui-ge’s, all take-profit and stop-loss trades are reviewed. Learn to respect the market, and by reviewing and reflecting with me, you’ll become stronger. If you like the streamer, feel free to follow and watch for a while to see whether it’s worth subscribing. Thank you all for your support!

First, BTC broke below the key daily level of 80,000 this morning, reaching around 76,400. Looking back, it hit the strong support level mentioned in the midday analysis a few days ago. Those who were watching this level made substantial profits. Going forward, watch whether the daily chart can reclaim 82,000; otherwise, it may continue testing 73,800 below. For the next 1–2 days, refer to these four-hour range levels: key resistance above at 78,793–81,019, and key support below at 76,535–74,291. For BTC today, pay close attention to resistance around 78,942; moving above this level would bring an hourly rebound. For today’s trading, consider going long around 76,800, with 76,400 as the defensive level.

Next, ETH also broke below 2,300 this morning and followed BTC in a rapid decline. Going forward, watch when it can hold above 2,380; otherwise, it may continue testing 2,180 below. For ETH over the next 1–2 days, key resistance is at 2,259–2,357, and key support is at 2,256–2,070. For today’s trading, consider going long around 2,188, with 2,370 as the defensive level.

A key reminder: gold is about to close its monthly candle. If it closes below 4,000, the weekly chart will continue its decline. Without major positive catalysts, gold could move lower over the next two monthly periods, potentially reaching around 3,350. If the daily chart breaks below its previous low, watch the 3,938 level below. Today’s intraday market is likely to see a rebound and recovery. For today’s trading, consider going long around 3,993, with 3,985 as the defensive level.

Note: The suggested position size for the levels provided is 1%. This article is time-sensitive; follow live guidance in the livestream. These are personal opinions for reference only. Compound with small positions, and good luck to everyone!#BTC跌至7.7万美元 #美股财报季 #Gate广场万圣节
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BTCBTC-0.67%
ETHETH-1.26%
GLDXGLDX-0.40%
PAXGPAXG+0.37%


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