Intraday Analysis: From the daily and weekly charts, Bitcoin is showing a weak trend. The weekly chart has just broken below the mid-band support level of 113,500. If it cannot regain this support by the end of next week, the market may return to the 108,000 level. The daily chart is currently attempting to break through the support level of 111,100 near the mid-band. Looking at the 1-hour chart, after recently breaking through the resistance near 116,300, Bitcoin has been consistently moving lower, and it has broken the key support level of 113,500 in the early morning. In the short term, I personally predict it will be difficult to break upwards and will continue to test lower levels.

On the Ethereum daily chart, after a pullback from the high, the price has formed consecutive bearish candles, indicating a weak downward trend. On October 28, a long upper shadow appeared, indicating heavy selling pressure above. From the hourly chart, the price is consolidating around 3,970 and has failed to break the key resistance level of 3,995 in the short term. The MACD indicator on the hourly chart is below the zero line, with a bearish crossover diverging downwards. The momentum bars are green, indicating that bearish strength is dominant. The 7-period EMA is at 4,000 and the 30-period EMA is at 4,073, showing a death cross, with the price operating below the 120-period EMA at 4,044, overall leaning bearish.

Trading Suggestions: For Bitcoin, consider shorting around the current price of 112,800, with a stop loss at 113,500 and a target of 111,800-111,300. If it breaks below, look for targets around 110,800-110,300; if it does not break, consider going long.
For Ethereum, consider shorting around the current price of 4,000-4,030, with a stop loss at 4,070 and a target of 3,910-3,880. If it breaks below, look for targets around 3,820-3,800; if it does not break, consider going long.
This strategy is for reference only; please invest cautiously and secure profits. (For real-time updates, follow the public account: Ethereum Kai)
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