BTC and ETH latest market trend analysis at midnight on 10/29: The current market is in a range-bound oscillation pattern, and the technical indicators show potential for a bullish trend. However, weakened momentum indicators and low volatility limit the possibility of further breakthroughs. The moving average system shows long positions, with prices above both short-term and long-term moving averages. The upward slope of the short-term moving average indicates that the market still has some upward inclination. However, the price level near the middle band of the Bollinger Bands and low Trading Volume reflect a relatively balanced market sentiment, lacking clear directional movement. Given that the current market is in a low volatility range-bound state, with prices approaching the strong resistance level of 116000, and weakened momentum indicators indicating neutral market sentiment, adopting a strategy of high selling and shorting near the resistance level is a reasonable choice that aligns with the current market pattern. Xiao Ma recommends that short-term trading can still enter with a Light Position for shorting.