As of October 30, #巨鲸行为分析 , the crypto assets market is experiencing a period of low fluctuation consolidation. The prices of BTC and ETH are hovering between key support level and resistance level, with明显不足短期动能.

Technical analysis shows that the current moving average system is releasing conflicting signals. Although the overall pattern remains a bullish arrangement of moving averages, the appearance of a death cross and the price operating below the moving averages are both indicating a short-term trend leaning towards bearishness. It is worth noting that a bullish engulfing pattern has appeared in the candlestick formation, which provides some clues for a possible reversal, but the strength of this signal can only be rated as moderate. Investors need to pay further attention to the price performance at key positions to confirm.

Considering the current market characteristics and the bearish signals from the technical analysis, a high sell-low buy trading strategy may be more suitable for the current situation. For short-term traders, light positions in short orders could be considered.

For Bitcoin, attention can be paid to the selling pressure performance in the range of 111800-112300. If the resistance level is confirmed, the target below can look towards around 109000.

In terms of Ethereum, the 3990-4020 area is an important resistance level. If it cannot effectively break through, the downward target area is around 3880.

Investors should closely monitor market fluctuations and adjust their strategies at any time to respond to potential market changes.