Operation suggestions and trend analysis for Big Pancake Aunt Ethereum: 10/31

BTC and ETH trading suggestions and trend analysis: 10/31 Support levels: The short-term consolidation floor is between 78,700 and 79,600; if broken, the key observation level is around the previous low of 76,600. On the daily chart, some analysts consider 75,400 as a critical support level—its breach could open further downside potential. Structural characteristics The four-hour chart previously showed an upward structure that turned into consolidation after a pullback. The Bollinger Bands and moving average system indicate weak momentum, with indicators like MACD still recovering below the zero line. Some analysts note similarities to the consolidation phase in July 2023, but such historical comparisons lack certainty and should only serve as reference frameworks. Overall, the market rhythm reflects a pattern of "decline—consolidation—re-selection of direction," with trading strategies within the consolidation zone focusing on high-selling and low-buying. Analyst Shengge's trading recommendations: Short BTC at 77,500–78,000, target 77,000–76,500 Short ETH at 2,260–2,280, target 2,200–2,180