$BTC Long/Short Outlook + Liquidation Map + Trade Entry Recommendations + Technical Analysis (2026.10.31 08:45)
Technical analysis: On Friday evening, BTC traded sideways around $77.1–77.3K, having fallen below $80K and nearing the daily 200 EMA support. Resistance is at $79–80K, with support at $76–75K. The short-term RSI is weak but showing signs of stabilizing; bearish MACD momentum is easing, and trading volume is contracting. The Fibonacci retracement is near 0.5. If price holds in the short term and rebounds to reclaim $79–80K, a recovery is possible; if it breaks below $76–75K, downside risk increases toward $72–70K. Watch whether support holds and how strong any rebound is.
Long/short outlook: Bulls: Some large traders are taking long positions, believing price is near support from a historically significant moving average and may be in a bottoming zone. Bears/cautious traders: Most believe $79–80K could flip into resistance; if price cannot reclaim this level, there is still room to fall.
Key points from the liquidation map: Dense short liquidation zone above: $79,000–$80,000 and higher. Long liquidation zone below: around $76,000–$75,000.
Long/short trade entry recommendations:
Long: Entry at $76,000–$77,000 (scale in on a retest) or after holding above $78,000. Stop-loss: below $75,500. Targets: TP1 $80,000; TP2 $82,000–$84,000.
Short (at higher levels/on a rebound): Entry at $79,000–$80,000. Stop-loss: after holding above $81,000. Targets: TP1 $77,000; TP2 $74,500–$72,000.
Trading framework: The main approach is to wait for support to be confirmed or for price to quickly reclaim $79–80K before entering. Risk 1–2% per trade, with leverage ≤5x. Use strict stop-losses and watch the key levels of $76–77K and $79–80K.
(For reference only; not investment advice.)
Technical analysis: On Friday evening, BTC traded sideways around $77.1–77.3K, having fallen below $80K and nearing the daily 200 EMA support. Resistance is at $79–80K, with support at $76–75K. The short-term RSI is weak but showing signs of stabilizing; bearish MACD momentum is easing, and trading volume is contracting. The Fibonacci retracement is near 0.5. If price holds in the short term and rebounds to reclaim $79–80K, a recovery is possible; if it breaks below $76–75K, downside risk increases toward $72–70K. Watch whether support holds and how strong any rebound is.
Long/short outlook: Bulls: Some large traders are taking long positions, believing price is near support from a historically significant moving average and may be in a bottoming zone. Bears/cautious traders: Most believe $79–80K could flip into resistance; if price cannot reclaim this level, there is still room to fall.
Key points from the liquidation map: Dense short liquidation zone above: $79,000–$80,000 and higher. Long liquidation zone below: around $76,000–$75,000.
Long/short trade entry recommendations:
Long: Entry at $76,000–$77,000 (scale in on a retest) or after holding above $78,000. Stop-loss: below $75,500. Targets: TP1 $80,000; TP2 $82,000–$84,000.
Short (at higher levels/on a rebound): Entry at $79,000–$80,000. Stop-loss: after holding above $81,000. Targets: TP1 $77,000; TP2 $74,500–$72,000.
Trading framework: The main approach is to wait for support to be confirmed or for price to quickly reclaim $79–80K before entering. Risk 1–2% per trade, with leverage ≤5x. Use strict stop-losses and watch the key levels of $76–77K and $79–80K.
(For reference only; not investment advice.)