Daily Market Analysis (10.26)
Summary:
1. Due to NASDAQ breaking ATH, the market will accelerate upwards starting November. However, the short-term consolidation hasn't ended yet.
2. Next Monday and Tuesday, the probability of a decline is high. Three reasons are listed; be cautious of a waterfall effect, as the panic selling hasn't subsided.
3. The major A shares are expected to retest 3100, and the ultimate annual peak should begin.
4. Short natural gas around 2.7, with a target at least near 1.8. There are also medium to long-term short opportunities for gold by the end of the year.
5. Bitcoin has confirmed a downward move from the 21st at 69500, with a 4-hour level drop expected around November 2. However, the position is not anticipated to be too deep; for now, focus on the support level of 64500, and a break below that would lead to 63000.
6. Don't be overly bearish; breaking ATH in November remains a high probability event.
7. Regarding Ethereum, two examples were provided to assure everyone not to worry too much.
8. In this round of 4-hour level rise, my overall return rate is only 45%, which isn't very smooth, and three reasons were listed. Mainstream coins have short opportunities, while altcoins should wait for Bitcoin to correct before entering long positions.
In terms of operations:
1. $BTC shorts at 67300, target 64500; $ETH 2500 shorts, target 2250; $SOL 170.5 shorts, target 145.
2. Take profit on short positions and reverse to layout long positions for the long term.
3. Pay attention to November 2-4, as there may be bottom-fishing opportunities.