10.31 BTC today’s market analysis

Nakamoto 2025-10-31 19:16 15819人围观 BTC

Yesterday’s review: After yesterday’s BTC short orders successfully took profits in early trading, midday analysis suggested that the support level is 109800, and it is recommended to place long orders in the 109500–109800 range. The market reached a low

Yesterday’s review:
After the BTC short order successfully took profit in early trading yesterday, midday analysis suggested that the support level is 109800, and it is recommended to place long orders in the range of 109500–109800.
The market reached a low of 107800 and then rebounded quickly. A positive closing signal appeared in 15 minutes. Long orders entered the market at 108800, reaching a maximum of 111600, with a steady profit stop of 2800 points.
Go short first and then go long, take profit in both directions.

Today’s trend analysis:
BTC dropped to a low of 106300 in the early morning, then quickly rebounded to 110100, and is currently under pressure near 110300.
The daily line closed negative yesterday, with short-term short-term dominance. However, three consecutive declines were accompanied by signs of rebound, and it is expected that there is still room for repair.
If it closes positive today, we can gradually shift to a bullish mindset from tomorrow, and pay attention to the suppression of the mid-track and MA10 intersection of 111000 in the short term.

There are two positive bars in a row at the 6-hour level, the pins below are obvious, and the TD has a red 13 signal, which is bullish in the short term.；
The 3-hour level cross star reversal signal is confirmed. If it closes in the afternoon in the short term, it is expected to test the lower track support of 106800 again.

Operation strategy:
1️⃣ If it rebounds to the 110500-110300 range and does not break, you can place a short order with a target of 109000-108000 and a stop loss of 111000.；
2️⃣ If it steps back to the 106500-106800 range and does not break, you can take long positions with a target of 108000-109500 and a stop loss of 106000.

Summary: In the short term, the rebound will be repaired, but the mid-term trend is still bearish. The operation is based on "high altitude, supplemented by low and long", remain flexible and control the position. The market is changing rapidly, so do not operate emotionally.