BTC started to rebound from 103.5k, sharply declined after reaching the high point on October 13, and fell to a low of 106.3k last night. This indicates that the current rebound is an internal rebound within the overall decline process since 126.1k, and the level has not expanded.
The current decline can be confirmed as a continuation of the downward trend since 126.1k, rather than a new bearish market.
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October 31 BTC operation view
BTC started to rebound from 103.5k, sharply declined after reaching the high point on October 13, and fell to a low of 106.3k last night. This indicates that the current rebound is an internal rebound within the overall decline process since 126.1k, and the level has not expanded.
The current decline can be confirmed as a continuation of the downward trend since 126.1k, rather than a new bearish market.
Trading advice: Short at the 110.5k-111k line, target 106k, 105k. $BTC $ETH #参与创作者认证计划月领$10,000