On October 30th, Wednesday, Bitcoin Evening Analysis!

From a technical structure perspective, on the four-hour level, the running channel continues a narrow downward trend, with prices oscillating and continuing to weaken without forming a significant rebound. The volume is arranged in a weak bullish form, and the moving averages consistently trend downwards, indicating that the short-term remains in a bearish dominant state.

On the daily level, the running channel continues its downward trend, with prices maintaining a weak consolidation. In the upper-middle range, after a drop, there is no effective rebound. Bearish volume continues to decrease, and the moving averages have not shown a significant joint upward movement. Personally, I still favor a short strategy this week, and whether the market can rebound and recover needs to be followed up after finding support.

Personal trading suggestion for Bitcoin: short near 72200, with a target of 71800-71200. If it breaks through, continue looking down! #BinanceBlockchainWeek #狗狗币创数月新高 #下一BTC历史新高是多少？ #你问我答 #美国大选后行情预测 $BTC $ETH