Pal BTC Market Analysis – 10.30 Daily Chart 1) First, let’s look at the black range, which I’ve mentioned before. After raiding range-H, it broke downward and has been consolidating below range-eq 116. The probability of moving downward is greater than upward. Same as before: unless it can stabilize above range-eq 116, the outlook remains bearish. 2) Next, let’s look at the red range. Similarly, after raiding range-H, it moved downward and reached range-eq 1098. If it stabilizes at eq, there’s still a chance to test 116 upward. But if eq breaks downward, the probability of further decline increases. First target 107, then 103. 3) So for now, the reaction at 1098 is key. Hourly Chart 1) Focus on the H4 bullish OB and bearish OB. Personally, I expect consolidation between these levels in the near term. 2) If it moves downward to the H4 bullish OB, watch for pin bar opportunities to go long. 107 remains a critical support level I’ve been emphasizing. 3) On the upside, first watch the reaction at 112. If 112 doesn’t break, the weakness will likely lead downward again. For better risk-reward or pending orders, in the current consolidation phase, attempting shorts at the H4 bearish OB seems more appropriate. Minute Chart 1) BTC is currently converging within a range. Short-term trades are not feasible for now. Let’s wait for volatility after the Double King meeting. 2) Just providing a trading reference: if it stabilizes above 1106, the probability of testing upward increases. But if 1106 breaks downward and rejects, be prepared for further downside. After all, the current structure is still bearish.