加密前线|Oct 29, 2025 09:28
Daily Market Analysis – BTC
BTC has been moving within the range Sugar Bro mentioned earlier, allowing for both long and short positions. Currently, the larger trend is still within a healthy adjustment range, but the smaller trend hasn’t stopped declining yet. So, after hitting new lows, the main strategy for today remains short-term longs.
From the 12H to daily chart perspective, the W-bottom neckline we’ve been emphasizing over the past few days will be a key reference point for placing orders during the next space-type pullback. This won’t change in the short term.
From the 4H and lower timeframes, the intertwined structure of longs and shorts is still ongoing. The short-term patterns and moving average suppression are obvious. Moving upward will only return to a consolidation phase, so there’s no need to chase. Moving downward, the long-term moving averages and pattern support are still effective, supporting a rebound after hitting new lows.
112210–111950 is a key range to monitor. It’s very narrow and not recommended as a priority, only for those with solid skills who want to try it out.
Short-term support is at 111618–111168 (if the decline slows, consider opening a small position at 111760 for a quick in-and-out trade at a 1:2 ratio). 109480 and 100,000 are points for long-term trades during extreme market conditions. The former is valid for this week, while the latter is valid for three months.
Short-term resistance is at 113600–114140 (don’t aim for a breakout). Writing this in detail is too much trouble—check out the video later! $BTC
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