Morning thoughts have been validated, and Ethereum has also performed as expected with a rebound. Flowery rhetoric cannot be converted into actual profits, and empty boasts cannot achieve true strength. Profitability is not solely reliant on luck, and strength is not derived from flattery. What is visible is tangible strength, and what can be touched is real profit. ​​​

Morning thoughts on October 30:

In terms of the current short-term rhythm, the operational channel has opened downwards to release space, and after the price dips, it has stopped, showing signs of recovery. Bearish momentum is displaying a pattern of decreasing volume, and the moving averages have shown an upward turn after a consistent downward release. Although the movement is characterized by a step-back approach, the relative prices are continually recovering upwards. Clearly, the strong momentum speaks for itself. It was mentioned multiple times yesterday that as long as the upward trend line remains intact, the bullish outlook remains unchanged, and during pullbacks, one can continue to go long.

Bitcoin: Consider buying between 72200-72500, with a target near 73880.
Altcoin: Buy between 2600-2625, with a target near 2700.

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