Ідея коротких продажів біткойна була близько 72300/72800 Рано вранці ринок впав до найнижчого рівня біля 70350, як і очікувалося, успішно набравши майже 2000 пунктів #下一BTC历史新高是多少？ #BTC $BTC .

10.31 Bitcoin Midday Market Analysis
This morning and midday, Bitcoin has been in a high-level consolidation phase. From a technical perspective, it has a hint of fluctuating rather than declining. Based on experience and technical indicators, this kind of counter-trend consolidation cannot last too long. After all, Bitcoin is currently in the fifth wave phase, and the previous third wave did not show strong gains. Therefore, from the current view, the fifth wave is a rapid peak phase, followed by a period of technical adjustment.

From the daily technical indicators, today's Bitcoin daily chart still shows a significant gap with the MA5 moving average. The BOLL indicator currently has the price sticking to the upper band area. From the daily indicators, the upward space is still severely limited. Furthermore, based on the Fibonacci retracement levels, this round of decline only touched around 0.382, which also indirectly indicates that this round of pullback has not completely ended. Therefore, today's intraday strategy still suggests focusing on shorting on rebounds, with the current 0.618 level around 70476.

From the 4-hour technical indicators, Bitcoin and Ethereum are already in the TD8 phase, while the MA5 moving average has shown a clear weakening in its upward momentum. Thus, operating with a cautious approach is recommended, still focusing on shorting on rebounds.

Bitcoin: Short on a line near 72300-72800 Stop Loss: 73400 Target: Look towards: 71400-70600#BTC #ETH $ETH

$BTC