Evening Analysis on October 31

At noon, the Bitcoin was consolidating around 72200⬆️⬇️100 points, currently running near 72400.

The Ethereum is on a downward trend at 2670, currently running near 2630.

From the one-hour chart perspective, both MA5 and MA10 moving averages have formed a death cross, and the bullish momentum bars are shrinking. The trend is downward.

Personal opinion, for reference only.

Evening Trading Suggestions

Bitcoin pullback near 72600—73000

Target around 71600—71000

Ethereum pullback near 2650—2670

Target around 2600—2570

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