Operation suggestions and trend analysis for Big Pancake Aunt Ethereum: 10/29

BTC and ETH operational suggestions and trend analysis: 10/29 BTC's 4-hour chart is currently in a long-term consolidation pattern following the rise from 57,000, with price repeatedly battling around 81,000. The short-term direction remains unclear. Structural analysis: From a higher time frame wave perspective, the move from 57,000 to 87,300 is considered Wave I. The market is now in Wave II correction, with three possible scenarios: WXY, ABC, or WXYXZ, two of which are short-term bullish. Price has found support near the upper boundary of the previous range. Some analysts believe the 4-hour chart bottom is forming through low-level back-and-forth movement—neither turning bearish nor making a strong rebound—indicating a mild overall trend. The 79,000–79,500 zone is regarded as the key support for bulls. Analyst Shengge's trading recommendations: Buy BTC at 79,000–79,500, target 80,500–81,000 Buy ETH at 2,280–2,300, target 2,380–2,400