10.29 BTC Today’s Market Analysis

Nakamoto 2025-10-29 15:03 68129人围观 BTC

Yesterday’s Market Review: Yesterday, BTC was short near 116000, hitting the lowest line of 113100 at noon, and took profit to leave the market. Yesterday’s analysis clearly pointed out that the upper suppression level is near 116800, and the recommended

Yesterday’s market review:
Yesterday, BTC was shorted around 116,000, hitting the lowest level of 113,100 at noon, and took profit to exit the market. Yesterday’s analysis clearly pointed out that the upper suppression level is near 116800, and the recommended short selling range is 115800–115500. In the evening, BTC once again tested the 116,000 level and then fell back. According to the strategy execution, the lowest dropped to around 112,000, and a short order could reap a maximum profit of 3,800 points. In the real market, the 15min TD indicator turned short, and a short order was entered near 114300. Currently, the profit is about 2300 points, and the total profit exceeds 10,000 U.

Today’s market analysis:
Currently, BTC is still running in the upward trend channel 109800–117000, and the short-term trend is oscillating in the range of 116000–111800.
During the day, we will focus on whether the 111800 support level can be effectively held:

If the 111500-111800 range does not break, you can try to go short and long, with the target reaching 113000-114000；
If it effectively falls below 111800, then look down to the 110000 integer mark and then consider buying low.；
At the top, focus on the 116000 horizontal suppression level. If it rebounds to the 115800-115500 range, it will continue to go high. If it breaks through, it will go short again near 116800.

Technical analysis:
The daily Bollinger Bands continue to close, and there are currently "4 consecutive positives and 2 negatives", and a green 9 appears above the TD indicator, which is an obvious bearish signal. The trend is weak, and it is recommended to rebound higher during the day.
On the 4-hour cycle, the pin touched 116,000 last night and then closed three negative levels in a row. It broke through the middle rail and moving average support, and is now in the middle and lower Bollinger rail range. If the opening of the Bollinger Bands expands, BTC may weaken further.
The MACD histogram continues to be negative and gradually enlarges, showing that the short momentum is still increasing and the market is still in a downward stage in the short term.

Operation strategy:

Short selling in the 115800-115500 range, target 114000-113000, stop loss 116300；
Go long in the 111500-111800 range, target 113000-114000, and stop loss 111000.

Risk warning:
The market fluctuates violently and the market situation changes rapidly, so operations need to be adjusted flexibly. Investment is risky, so be sure to bring a stop loss and control your position when entering.