Nov. 2, Monday Evening: Latest BTC/ETH Analysis
BTC is back to moving sideways, currently trading within the 77,500–78,600 range. It pulled back after a midday rally, but the underlying structure of the rebound remains intact. This latest attempt to test resistance has yet to establish a foothold above 78,600, though the pullback remains within a manageable range.
On the hourly chart, the intraday rebound high is close to the previous high, suggesting a potential double-top formation. However, the pattern will only be confirmed if price breaks decisively below the key support at 77,500. As long as support at 77,500 holds, this is simply normal back-and-forth movement within the range, and the bulls still have a chance to break higher.
For trading, look to buy on intraday pullbacks, focusing on dips near support below. If you’re already in a position, manage your position size and watch for decisive breaks of either boundary. Be sure to use stop-loss protection.
BTC: Buy on a pullback near 77,500; targets: 78,800 → 79,500
ETH: Buy on a pullback near 2,250; targets: 2,297 → 2,330
$BTC
$ETH
$XAU
#币安恢复28种法币提现
BTC is back to moving sideways, currently trading within the 77,500–78,600 range. It pulled back after a midday rally, but the underlying structure of the rebound remains intact. This latest attempt to test resistance has yet to establish a foothold above 78,600, though the pullback remains within a manageable range.
On the hourly chart, the intraday rebound high is close to the previous high, suggesting a potential double-top formation. However, the pattern will only be confirmed if price breaks decisively below the key support at 77,500. As long as support at 77,500 holds, this is simply normal back-and-forth movement within the range, and the bulls still have a chance to break higher.
For trading, look to buy on intraday pullbacks, focusing on dips near support below. If you’re already in a position, manage your position size and watch for decisive breaks of either boundary. Be sure to use stop-loss protection.
BTC: Buy on a pullback near 77,500; targets: 78,800 → 79,500
ETH: Buy on a pullback near 2,250; targets: 2,297 → 2,330
$BTC
$ETH
$XAU
#币安恢复28种法币提现
