Daily review of the cryptocurrency market for October 30.

#BTC on the two-hour chart forms the ABCDE continuation pattern inside the Pennant. However, selling pressure at $34,800 stopped the upward momentum and the price dropped below the POC ($34,500). The RSI has broken through the EMA 50 from top to bottom, which may indicate further decline. The lower border of the Pennant is expected to be tested in the area of ​​$33,280, where the EMA 100 2H is located. Continued growth is possible after overcoming the level of $34,500, with a rollback to the area of ​​$37,000 - $37,300.

#Ethereum has not broken through the $1,810 level and is likely to decline towards $1,750 before attempting a new rally.

The GameFi sector continues to grow.

The gaming industry is undergoing changes supported by blockchain technology. It is recommended to consider investing in gaming project coins.

On the altcoin market, the new version of the Bitrock website (#BROCK ) increased the price by 35%. SoftNote of the Tectum platform (#TET ) increased by 22% after the announcement of the expansion of the service for private transactions. Galaxia (#GXA) is up 18% due to its new staking program.

The total market value of cryptocurrencies increased by 0.6%, while the share of Bitcoin decreased by 0.15%. Bitcoin is in a sideways trend, but price consolidation above $34,500 could trigger upward momentum towards $37,000