10.31 Market Analysis: $BTC $ETH #ordinals
The pennant pattern of the pie is still not broken today, but it indicates that the market outlook will not be small. In terms of strategy, I did not give a loss position and consciously brought 300 dollars. Yesterday, the pennant pattern was in the pennant pattern but failed to break through 35,000. Return to Measuring 34200 is not an effective break, it is just a closing, and the fluctuation space is more than 800 points. After testing lower in the early morning, the price returned to the overall level above the 60-day moving average, and the market is still bullish and volatile.
Mainly, there is no substantial breakthrough, indicating that there is still some pressure on the upper track. The market outlook will focus on the pressure of 36500 and 1900. The market has been fluctuating for a week and has not found its direction. Sooner or later, this range will be broken, and it is still brewing. Charging
Strategy: today’s small range operation, short the market at 34700~800, look at 34300~200
If you go long between 34200 and 100, look at 34700/750; if this range is broken and the needle does not close, you will have to lose money in time.
Ether is more than 1800~1790, and the target is 1830~40; if this range is broken and the needle does not close, timely losses will be incurred.
