This is you in the cryptocurrency world. Don't you feel that every time you make a trade, the big players look down on your small amounts? It's just a mindset issue. In capital games, manage your capital well. If you have 10,000 yuan in spare money, just manage that 10,000 yuan well. The market has fluctuations every day; control your little hands. Life is not just about trading cryptocurrencies! $BTC $ETH #加密市场反弹
October 30 Bitcoin and Ethereum Market Analysis and Trading Ideas The one-hour chart for Ethereum shows significant fluctuations recently. After reaching a high of 4253, the market has continued to be in a downtrend, with multiple long lower and upper shadows appearing, reflecting the alternating pressure and support forces in the market. Currently, the MACD indicator is still in the negative zone, but the green bars are showing a contraction, indicating that the bearish strength has weakened, though it has not completely turned into bullish. On the hourly chart, the EMA 7 period moving average of 3931 has been broken, and the focus for today is on the last key support level at 3800. The technical indicators for Bitcoin are overall leaning towards bearish. Despite the expected 25 basis point interest rate cut, the market did not show a decent rebound. From the chart, the price shows weak rebounds after declines, with multiple long upper shadow candlesticks appearing on the 4-hour level, causing the Bollinger Bands to open downwards, with all indicators pointing towards bearish. The bearish trend on the one-hour chart is also significant. However, referencing past market performances after interest rate cuts, a rally in the afternoon or evening cannot be ruled out. Therefore, today's daytime trading strategy is to focus on pullback adjustments. Ethereum: Short around 3940, target 3880-3830 Bitcoin: Short around 11.0800, target 10.9500-109200 #Bitcoin Market Analysis#$BTC $ETH