#BTC 10.28 Early morning Bitcoin Ethereum market analysis and trading suggestions Looking back at the intraday Bitcoin market, it exhibited a pattern of rising first and then falling, with the price initially making a strong upward move from the low of 112800 in the early morning to a high of 116380 around noon, before pausing. Subsequently, it began to trend downward with fluctuations, and in the evening, the price fell to a low of 114433. The Ethereum market also maintained a similar trajectory to Bitcoin, with the price rising from a low of 4053 in the morning to a high of 4253 around noon, before facing pressure and entering a correction phase, with the market hitting a low of 4122 near midnight. During the day, Shengdong made two bullish positions for Bitcoin and two bullish positions for Ethereum, with Bitcoin capturing over 2000 points and Ethereum capturing over 110 points. Bitcoin experienced a wave of expected pullback correction in the evening. This downward movement clearly halted near a key support area during the night, stabilizing the trend and forming a clear consolidation platform. This is a very positive technical signal, indicating that the bearish forces have not continued to exert pressure at lower levels, and market selling pressure has been effectively released. Currently, it is clear from the chart that the bullish forces have begun to regroup and exert strength again. The price is steadily moving out of the previous consolidation range, accompanied by a moderate increase in trading volume, which is a healthy characteristic of the early stage of an upward trend. From a technical perspective, the previous stabilization during the night likely formed a small "bottom structure," such as a double bottom or arc bottom, providing a solid technical foundation for the current rebound. Key moving averages are being tested upwards, and once effectively broken, it will attract more technical buying. Operational strategy: Overall bias is bullish. Attention can be paid to opportunities for a pullback near the night support platform, or waiting for follow-up opportunities after a strong breakout above key resistance levels, acting in accordance with the trend. You can go long on the big cake around 114800 in the early morning, targeting 116500. In the early morning, you can long Ether around 4170, aiming for a target of 4280#ETH链上活动升温 #你看好ERC-8004机器经济吗？ #比特币行情分析 .

Crypto world Hongjie 10.28: The scars have healed, and the pain is forgotten! BTC continues to rise, do you dare to chase rising prices? Today's Bitcoin (BTC) latest market analysis and trading suggestions! The current price of Bitcoin is around 115,500, and the intraday trend has once again surged, breaking through the 4-hour MA200, MA240, MA280, and MA80, with these four lines of resistance moving above 116,000. Although the coin price has retreated slightly in the evening, it bounced back again supported by these four lines. The current bullish space continues to exist, and we are watching whether a second test can continue to break through the previous high. From the 1H Bollinger Bands, a contraction pattern has appeared, with the upper band being below yesterday's high near the 116,000 level, but the red bars in MACD are showing a contraction. After the death cross, both DIF and DEA have also shown a contraction pattern, and KDJ and RSI are showing an upward convergence in the neutral zone, indicating a high probability of a second test. Therefore, Hongjie suggests that bears should not act too hastily when entering! If the second test is successful, the next resistance will be above 117,200, and then it will be the upper line on the daily chart at the 120,000 level. When chasing rising prices, it is important to note that the J value in KDJ has already entered the overbought zone, so be cautious of the risk of a market sell-off! Selling point sharing: Short lightly at ≥117200, stop loss above 118500. Take profit at 116000-115200-114300. If it breaks 114000, you can continue to hold until around 112000. Buy point sharing: ≤114300 light long, stop loss below 113500. Take profit 115100-116000. If it breaks 116500, you can continue to hold around 117000. There is a delay in article review notifications, the above points are for reference only, please grasp the timing for buying and selling on your own, ensure proper risk control when entering the market, and avoid heavy positions! Thank you for reading! #ETH链上活动升温 #你看好ERC-8004机器经济吗？ #比特币行情分析 $BTC $ETH

10.27 Midnight Hello everyone!!! Currently, BTC is trading within the 115,568 range. Observing from the Bollinger Bands on the 1-hour timeframe, it is oscillating near the upper middle band. There is some short-term upward momentum, but small pullbacks may occur at higher levels. Overall, the trend leans towards a slight upward movement; The KDJ has formed a golden cross and is opening upward. The three lines are not in the overbought or oversold zones, indicating a short-term sideways upward trend; The MACD histogram is shrinking, and both lines are above the zero line, suggesting a slight upward trend in the short term; Based on these observations, the overall trend is leaning towards a sideways upward movement. Of course, short-term pullbacks are also possible. Watch the levels at 116,023 -- 116,850 -- 117,500. If the 1-hour timeframe falls below the support level at 115,100, then pay attention to the levels at 114,300 -- 113,500 -- 112,900. Ethereum is currently trading near 4,203. Its movement pattern is similar to BTC. Watch the levels at 4,239 -- 4,265 -- 4,300. If the 1-hour timeframe falls below the support at 4,180, then focus on the levels at 4,150 -- 4,120 -- 4,080. These are just personal opinions for reference. Please follow Hao Yu Shi Pan's trading signals for specific actions. #btc