October 29th, Tuesday's Bitcoin and Ethereum latest operational strategy:
From the current market perspective, the daily bullish momentum remains solid, and the weekly golden cross has been successfully established, indicating that the swing holding strategy should remain unchanged. We firmly maintain a bullish stance.
Currently, the overall market trend is strong, and the rise after the US stock market opens has not been accompanied by significant pullbacks. However, considering the recent increased volatility during the midnight to early morning period.
The long-term trend shows that upward momentum is still abundant. For short-term operations, our strategy is clear: seize the pullback opportunities and act accordingly.
We expect the market to continue its momentum, testing the key resistance levels of 69500 to 70000. Therefore, in terms of operations, we suggest continuing to adopt a pullback strategy for layout.
Bitcoin operational strategy:
67500-68000 range, aiming for 69500-70000
Ethereum operational strategy:
2470-2500 range, aiming for 2550-2600
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