October 28 Market Analysis
BTC: The daily line still has not effectively broken through the upper boundary of the trading range, and the four-hour cycle has not shown bullish signals. Pay attention to the important resistance range above, 68750~68790.
ETH: Weaker than BTC by half a beat, which also indicates that the current market is not a true bull market, and FOMO sentiment has not yet ignited. Focus on important positions above, 2550~2560.
After this consolidation time node, the market is likely to move upwards, but caution is needed for potential downward movements before the rise. Spot trading is unaffected, but it impacts medium to short-term contract trading. If there is a pullback, it may be a good time to enter; for BTC, refer to the 64000 position, and other varieties can refer to the market prices at the same time.
