Bitcoin and Ethereum Price Forecast Today, 1 November 2026: The Weekend Bounce Reached Two Trailing Stops.
So Why Does The Panel Still Read SELL?
This Bitcoin and Ethereum price forecast today picks up where yesterday left off.
In yesterday’s Bitcoin and Ethereum read, we asked whether the weekend bounce was a bounce or a turn. The bounce kept going overnight, and it reached two trailing stops:
- The Bitcoin 1 hour sell closed at its trailing stop, $1,191 in front of the entry.
- The Ethereum 4 hour sell closed at its trailing stop, $2.41 in front of the entry, close to break even.
And yet the Direction Sniper panel still reads SELL on both coins. Here is why, and what is still running.
1. The Board This Sunday
| Market | Chart | Entry | Targets reached | Status |
|---|---|---|---|---|
| Bitcoin | H4 | 79033.27 | 1 of 3 | Running |
| Bitcoin | H1 | 78851.98 | 0 of 3 | Closed at trailing stop, $1,191 in front |
| Ethereum | H4 | 2273.58 | 0 of 3 | Closed at trailing stop, $2.41 in front |
| Chart | Bitcoin | Ethereum |
|---|---|---|
| M15 | UP | UP |
| M30 | UP | UP |
| H1 | UP | UP |
| H4 | DOWN | DOWN |
| Daily | DOWN | DOWN |
Overnight, Bitcoin’s 1 hour joined the 15 and 30 minute in turning UP. On both coins, all three entry charts now point up. But the 4 hour and the daily, the two charts that decide direction, still read DOWN.
2. Bitcoin: The 1 Hour Closed, The 4 Hour Is Protected
The 1 hour ticket
Yesterday the Bitcoin 1 hour trailing stop sat at 77660.54, about $221 above price. The bounce carried Bitcoin to 77860.99, through that level, and the ticket closed.
Because the trailing stop had already moved $1,191 in front of the 78851.98 entry, the ticket closed in front of where it started, not at its original stop. Target 1 was never reached, but the trailing stop kept a winning move from turning into a loss.
The 4 hour ticket
The Bitcoin 4 hour sell from 79033.27 is still running, and it has changed in an important way.
- Trailing stop: now 78329.00, down from 81107.99 yesterday
- Target 1: 76418.35, reached
- Target 2: 73803.43
- Target 3: 71188.51
That trailing stop now sits $704 in front of the entry. If the stop is moved to that level, this ticket can no longer close at a loss, whatever the bounce does next. And it has already reached Target 1.
Bitcoin is at 77860.99, about $468 below that trailing stop.
3. Ethereum: Closed At Break Even
The Ethereum 4 hour sell from 2273.58 never reached Target 1 at 2170.13. Ethereum bounced steadily from its Friday low around 2,180, and the climb reached the trailing stop at 2271.17.
That level was just $2.41 in front of the entry, so the ticket closed at roughly break even. Ethereum is now at 2271.82.
The verdict has not changed. The 4 hour and the daily still read DOWN, so the direction is still SELL. The panel is simply waiting: with all three entry charts UP, there is no fresh ticket until they turn back down.
4. So Is It A Bounce Or A Turn?
On the panel, it is still a bounce.
A bounce turns the fast charts. A turn turns the big ones. This weekend, the bounce has turned every entry chart UP on both coins. It has not turned the 4 hour or the daily.
If the 4 hour turned UP while the daily stayed DOWN, the panel would move to NO TRADE and stand aside. That has not happened. Until it does, the trend is still down, and the bounce is a pullback inside it.
What the bounce did do is test the stops. And that is the real lesson of this weekend.
5. The Lesson: Being Wrong About A Bounce Should Not Cost You
Look at what the bounce did to the three tickets:
- Bitcoin 1 hour: closed $1,191 in front of the entry.
- Ethereum 4 hour: closed at about break even.
- Bitcoin 4 hour: still running, with Target 1 reached and its stop now in front of the entry.
None of them reached its original stop. That is not luck. It is what happens when the stop is moved to the trailing level as the trade develops. Direction Sniper calculates and shows that level. The trader moves their own stop to match it.
A bounce against the trend will always come. When it does, the question is not whether you predicted it. It is whether your stop was already somewhere that made the bounce cheap.
6. Which Ticket Still Makes Sense Today?
Only one ticket is open: the Bitcoin 4 hour.
| Ticket | Distance to its stop | Distance to its next target |
|---|---|---|
| Bitcoin H4 | $468 | $4,058 to Target 2 |
Distances are from Bitcoin at 77,861.
For someone already in it, this is a ticket to manage. Its stop is in front of the entry, and the bounce is still pressing up toward it.
For someone arriving now, starting a ticket that has already reached Target 1 is not the same trade as the one that printed. The panel’s next fresh entry will come when the entry charts turn back DOWN.
This is the market we are watching, not a trade recommendation.
7. Same Risk, Smaller Lot
We risk at most 2 percent per trade, usually 0.5 percent, so on a $10,000 account that is $50.
On many platforms, one lot of Bitcoin is one coin, so a $1 move is $1 per lot. From today’s price, the Bitcoin 4 hour trailing stop is $468 away, so $50 of risk is about 0.10 lots. Check your broker’s contract size, or work it out in seconds with our free Bitcoin Lot Size Calculator.
Crypto volume is often thinner at the weekend, so price can move further on small orders. On a small account, a cent account makes the right sizes possible. For small balances we recommend a RoboForex Cent account or an XM Micro account. These are partner links, so we may receive a commission at no cost to you.
If you are worrying about every trade, your lot size is still too big.
8. What Would Change The Picture
What would bring the next sell: the bounce running out, and the 15 minute, 30 minute and 1 hour turning back DOWN to join the bigger charts.
What would change the verdict: the 4 hour turning UP.
Levels to watch, read from the chart:
- Bitcoin: the 4 hour trailing stop at 78329.00
- Bitcoin: Friday’s low around 76,400
- Ethereum: the bounce high around 2,275, and Friday’s low around 2,180
Right Direction, Protected Stops
Put the weekend together.
The bounce came, as bounces do. It reached the Bitcoin 1 hour and Ethereum 4 hour trailing stops, and both closed in front of their entries. The Bitcoin 4 hour has reached Target 1 and now has its stop in front of the entry too. And through all of it, the 4 hour and the daily kept reading DOWN.
That is Direction Sniper:
- Direction. One verdict from the 4 hour and the daily. After a full weekend bounce, it still reads SELL on both coins.
- Rallies and bounces that have not broken structure. The bounce turned every entry chart UP. It did not turn the verdict.
- The stop loss. Every ticket arrives with its stop and three targets marked, and the trailing stop level turned this weekend’s bounce into a small cost instead of a loss.
The Direction Sniper BTC and ETH Edition puts this panel on Bitcoin and Ethereum, on MT4 or MT5.
Forex, gold and silver open again on Monday. Catch up on last week in our currency strength this week recap.
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Bitcoin and Ethereum Price Forecast Today: Frequently Asked Questions
Updated 1 November 2026. Levels are as shown on the Direction Sniper panel at the time of writing.
1What is the Bitcoin and Ethereum price forecast today, 1 November 2026?+
The Direction Sniper panel still reads SELL on both Bitcoin and Ethereum, because the 4 hour and the daily both read DOWN.
All three entry charts have turned UP on the weekend bounce, so the only open ticket is the Bitcoin 4 hour sell from 79033.27.
2Did the weekend bounce reach the Bitcoin stop?+
It reached the 1 hour trailing stop at 77660.54, and that ticket closed about $1,191 in front of its 78851.98 entry.
The 4 hour ticket is still running, with its trailing stop now at 78329.00.
3Can the Bitcoin 4 hour ticket still close at a loss?+
Not if the stop is moved to the panel’s level. The trailing stop at 78329.00 sits about $704 in front of the 79033.27 entry, and Target 1 at 76418.35 has been reached.
Direction Sniper shows the trailing stop level. The trader moves their own stop order to match it.
4What happened to the Ethereum sell ticket?+
The Ethereum 4 hour sell from 2273.58 closed at its trailing stop at 2271.17, about $2.41 in front of the entry, before Target 1.
The direction is still SELL, but there is no fresh ticket until the entry charts turn back DOWN.
5Is the crypto bounce a reversal?+
Not on the panel. The bounce has turned the 15 minute, 30 minute and 1 hour charts UP, but the 4 hour and the daily still read DOWN.
A bounce turns the fast charts. A turn turns the big ones. The verdict would only change if the 4 hour turned UP.
6Why do trailing stops matter in a bounce?+
A bounce against the trend will always come. A stop moved to the trailing level as the trade develops can make that bounce a small cost instead of a full loss.
This weekend, the bounce reached two trailing stops, and both tickets closed in front of their entries.
7What lot size should I use on Bitcoin?+
We risk at most 2 percent per trade, usually 0.5 percent, which is $50 on a $10,000 account. With one lot equal to one coin, a $468 stop is about 0.10 lots.
Use the Bitcoin Lot Size Calculator and check your broker’s contract size. These figures are for illustration, not a recommendation about how much anyone should trade.
8Does Direction Sniper move my stop loss for me?+
No. Direction Sniper calculates the trailing stop level and shows it on your chart as the trade develops.
You move the stop on your own order to match it.
DIRECTION SNIPER BTC AND ETH EDITION
See Bitcoin and Ethereum the moment a ticket prints.
Direction, entry, stop and three targets on BTCUSD and ETHUSD. MT4 or MT5.
Disclaimer: This post reports what the Direction Sniper panel showed on BTCUSD and ETHUSD on 1 November 2026. Prices will have moved by the time you read this. It is educational analysis, not financial advice and not a trade signal service, and nothing here is a recommendation to buy or sell. Price reaching a published target or stop level is not the same as a realised result, and a ticket shown as closed describes the panel, not anyone’s trade. High and low levels are approximate readings from the chart. Contract sizes and lot sizes are arithmetic for illustration, vary by broker, and are not a recommendation about how much anyone should trade. Cryptocurrency trading carries a high level of risk, and you should only trade money you can afford to lose.
