10.31 Hangqing Analysis



From the current 4-hour candlestick chart, the Bollinger Bands show a clear overall opening downward, indicating a neutral to slightly weak short-term trend. Regarding technical indicators, the MACD's DIF and DEA lines continue to stay below the zero axis, clearly showing that the market is still dominated by downward momentum; the histogram has significantly expanded, indicating that the current downward force has reached an extreme level. However, the market has not yet formed a clear unilateral trend, with each step down followed by a rebound, which makes Hangqing uncertain. Nevertheless, for the future market, we still follow the short-term trend and suggest treating rebounds as opportunities.

BTC around 109,350-109,550, with support near 108,000
ETH around 3,845-3,865, with support near 3,700 #币圈 #加密货币市场风险
ETH2,13%
BTC0,45%
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