#法国比特币战略储备计划 Yesterday, Bitcoin experienced a bottoming rebound, then in the evening briefly touched the 116,100 level before encountering resistance and falling back. Since early morning, it has maintained a downtrend, currently fluctuating around 113,000.
From a technical analysis perspective, the daily chart for Bitcoin has formed a clear double top pattern. Multiple attempts to break through the key resistance level have failed, and each time it reaches the pressure zone, the bears quickly initiate a deep pullback. Overall, it exhibits the typical characteristics of "slow pump, rapid decline." On the four-hour cycle, although the price broke above the upper band of the Bollinger Bands overnight, it failed to stabilize, then continued to decline until near the middle band, where a stop-loss signal appeared. Based on the current market conditions, the early trading strategy still recommends buying on dips.
Bitcoin can consider looking for entry opportunities in the 112,500 - 112,000 range, with target levels set at 114,000 - 116,000. If a successful breakthrough occurs, it can further aim for 118,000.
For Ether, attention can be given to buying opportunities in the 3,950 - 3,920 range, with target prices at 4,100 - 4,150. After breaking through, it can be expected to reach the 4,200 level.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
9
Repost
Share
Comment
0/400
governance_lurker
· 2025-10-31 22:21
suckers are played for suckers year after year
View OriginalReply0
WagmiOrRekt
· 2025-10-31 11:34
fall endlessly gets carried away
View OriginalReply0
GmGmNoGn
· 2025-10-29 00:28
France also plays with coins, moving bricks to make a living.
View OriginalReply0
SchrodingerWallet
· 2025-10-29 00:28
All in and it's done! Who cares about the candlestick charts?
View OriginalReply0
StakeTillRetire
· 2025-10-29 00:21
Double top means peak, just go all in on the big short order and it's done.
View OriginalReply0
MetaverseLandlord
· 2025-10-29 00:18
The situation is not good, quietly slipping away.
View OriginalReply0
LiquidatorFlash
· 2025-10-29 00:15
The position has reached the threshold boundary. Please pay attention to risk control.
View OriginalReply0
GasOptimizer
· 2025-10-29 00:14
falling endlessly, when will it end?
View OriginalReply0
rugpull_ptsd
· 2025-10-29 00:08
Tsk, it's another rhythm of big funds washing suckers.
#法国比特币战略储备计划 Yesterday, Bitcoin experienced a bottoming rebound, then in the evening briefly touched the 116,100 level before encountering resistance and falling back. Since early morning, it has maintained a downtrend, currently fluctuating around 113,000.
From a technical analysis perspective, the daily chart for Bitcoin has formed a clear double top pattern. Multiple attempts to break through the key resistance level have failed, and each time it reaches the pressure zone, the bears quickly initiate a deep pullback. Overall, it exhibits the typical characteristics of "slow pump, rapid decline." On the four-hour cycle, although the price broke above the upper band of the Bollinger Bands overnight, it failed to stabilize, then continued to decline until near the middle band, where a stop-loss signal appeared. Based on the current market conditions, the early trading strategy still recommends buying on dips.
Bitcoin can consider looking for entry opportunities in the 112,500 - 112,000 range, with target levels set at 114,000 - 116,000. If a successful breakthrough occurs, it can further aim for 118,000.
For Ether, attention can be given to buying opportunities in the 3,950 - 3,920 range, with target prices at 4,100 - 4,150. After breaking through, it can be expected to reach the 4,200 level.