Daily Analysis Summary 10.23:

1. BTC and Ethereum trends: There is still no sign of Rebound on the 4-hour chart, and the rebound strength on the small timeframe is insufficient. It is recommended to wait to get on board at strong support levels (such as Maker).
BTC strong support levels are at 65500 and 64800, and ETH support levels are at 2575 and 2540. Entering the market directly may lead to losses. Avoid chasing rising prices.
2. Downtrend pattern: The current market is forming a downtrend three-push pattern. Once this pattern is formed, a Rebound may occur.
However, if the Rebound strength continues to be weak, the market may liquidate longs before the Rebound.
3. support level situation: The support level of BTC66600 has not been effectively broken through, but the Rebound is weak. The liquidation range is concentrated near 65550, with a liquidation volume of 4 billion US dollars. This range may be a potential entry point for long positions.
4. Game zone performance: Bigtime and Pixel are leading, but due to the instability of Bitcoin, it is recommended to partially exit the market when profitable to avoid market Fluctuation causing pullback.
5. Memes Opportunity: The latest leading memes Neiro is worth following, it is recommended to lying in ambush at the price points of 0.00162 and 0.00152 Light Position. Once activated, it may experience a strong pump.
6. Bull Market features: Unlike previous years, the current Bull Market has generally performed poorly from March to October. In this case, seizing profit opportunities is sufficient, and there is no need to pursue maximization excessively. #币圈观察员 #Gate锦鲤