BitXiong Brother: Bitcoin/Ethereum Trading Strategy and Market Analysis for October 27

Bitcoin/Ethereum have been consolidating at a low level for the past two days, showing clear signs of an imminent breakout. The overall trend remains bearish. Since the peak, rebounds have been weak—characteristic of a bearish continuation pattern. The resistance levels at 82,000 and 2,400 have now become key support/resistance zones in the short term. However, given the upcoming Federal Reserve interest rate decision at 2 a.m. and the speech by Wachter at 2:30 a.m., market activity will likely remain subdued before the event. Traders can consider high-sell low-buy strategies before the announcement, but should avoid such tactics afterward. Additionally, during multiple downward tests, the daily chart lows at 79,000 and 2,280 have consistently held, indicating strong support at these levels. Trading suggestion: Enter long positions for Bitcoin around 79,200–79,600 with a target near 80,800; enter long positions for Ethereum around 2,290–2,310 with a target near 2,360. Stop-loss at 78,500 and 2,260. Analysis and strategy are for reference only; investors assume all risks. The article may not be timely; actual trades should follow real-time data! We stand waiting at the gate, ready to toast at the finish line! Personal investment advice: Don’t rush to buy, don’t greedily hold, don’t delay stop-losses, and don’t diversify across too many assets.