🚀October 26 Market Outlook 🚀

$BTC Viewpoint:
Bitcoin's recent movement can be described as "Great Power Dragon," as it has fully recovered from recent declines after a strong rebound. The core catalyst for this bullish surge is the positive market sentiment driven by Nvidia's unexpectedly strong earnings report released early this morning.
But remember, market news can only cause short-term disturbances; ultimately, the market will return to its fundamental nature—just like when guests come over for dumplings, after they leave, life returns to normal. Short-term good news doesn't change the long-term trend.

Currently, Bitcoin has broken out of the previous bearish flag pattern and pierced above the 70,000 level, but the price has not stabilized above 70,000. Even with Nvidia's earnings report supporting the rally, the key resistance at 70,000 has not been broken through. This can be seen as "good news exhausted, then bad news follows." The next focus is on whether this rally can sustain; if Bitcoin can hold above 70,000, the rebound will continue toward 70,896 and higher. If it falls back inside the flag pattern, there are two scenarios: a pullback that does not break below the 67,651 support, which could still oscillate upward; or a break below 67,651, likely retesting the lower boundary of the flag and the 66,484 support. A break below 66,484 would mean "what goes up must come down," and this level, as the neckline, would then form a lower low, ending this rebound phase. Therefore, at this stage, Bitcoin should ideally stay above 67,651 and consolidate; a breakdown would signal weakening momentum.

Clear trading signals:
✅ Bitcoin breaks through 68,705 with volume, aggressively go long on the right side;
❌ If it breaks below 67,751 with volume and cannot recover, decisively go short on the right side, with strict stop-loss;
📈 Hourly level: if it stabilizes above 68,705, target 69,345-70,065; if not, this resistance level becomes invalid;
📉 4-hour level: if it breaks below 67,765, target 66,496-65,227.
🔹 Resistance above: 68,705-69,345-70,065
🔸 Support below: 67,693-66,378-65,113

$ETH Strategy:
Two Bitcoin trading signals are clear:
✅ Break above 2,068 with volume, go long on the right side, stop-loss at entry;
❌ If it breaks below 2,033 with volume and cannot recover, go short on the right side, with strict stop-loss;
💡 Confirm support at 1,995 after a pullback, can take a small long position; if it falls below 1,947, exit with stop-loss.

📈 Level references:
Hourly level: if it stabilizes above 2,068, target 2,106-2,152; if it surges to 2,152, consider short positions, with a stop-loss at 2,196.
Left-side order: long at 1,907, stop-loss if below 1,870.
🔹 Resistance above: 2,068-2,106-2,152
🔸 Support below: 2,018-1,986-1,932
4-hour level: if it breaks below 2,025, target 1,961-1,922.