The China-U.S. talks have driven the coin price to pump, with basically no retracement during the day. Bullish traders had no opportunity to enter a position, although there may be a slight retracement, which is a technical correction. The overall trend is still bullish, and those with short orders can move their stop loss to lock in profits. Wait for signs of a bottom before gradually entering a position to go long!

Evening thoughts on 10.27

If Bitcoin retraces to 113500-114000, continue to go long. For those who are more cautious, enter a position at 112500-113000, with a stop loss near 112000. The target is aimed at around 115000-115500-116000. If it breaks, look at around 116500-117000. Continue to move the stop loss accordingly to protect profits based on the situation!

Continue to go long on ETH pullbacks at 4080-4120, for conservative traders enter a position at 4000-4040, with a stop loss near 3950. The target is to look for 4170-4200-4250, if broken look at around 4290, continue to break and move the stop loss to protect your profits depending on the situation!

The China-U.S. negotiations should gradually reach a good conclusion, along with the Federal Reserve's interest rate cut at the end of the month, the subsequent coin price is expected to continue to reach new highs. The Nasdaq futures have already reached a new high today during the day, let's see the capital inflow situation!