Afternoon Thoughts on October 31

In the morning, the Bitcoin quickly rebounded by about 400 points after a slight drop, then fluctuated upwards to around 7.26 before slowly falling to the current position of around 7.22.

Currently, the Bitcoin price is 7.22, and the MACD shows a clear bullish advantage on the daily chart. After a pullback yesterday, it temporarily received support and rebounded to around 7.3. Today, we can continue to pay attention to the support point at 71500 below.

It is recommended to go long on Bitcoin at 7.2, targeting 7.27, with a stop loss at 7.16.

For Ethereum, the current price is long, targeting 2665, with a stop loss at 2630.

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