Morning Market Analysis on October 29
From the overall structure of the current market, the price comparison bullish space has completely opened, and the upper space continues to expand. Although there are small pullbacks for correction during the price increase, the overall trend lacks continuity. The hourly structure shows that the lower support continues to rise, with stronger bottom support leading to weaker upper pressure. For future positioning, it is still advisable to wait for a pullback to confirm short-term support before going long.
Bitcoin: Buy near 69300 - 68800 on pullback, stop loss at 68500
Ethereum: Buy near 2550 - 2530 on pullback, stop loss at 2500