Wednesday morning market outlook: range-bound fluctuations, layout for high shorts and low longs.

Today marks the beginning of the National Day holiday. Wishing everyone a happy holiday and smooth trading! Yesterday, as the last trading day of September, Bitcoin's market performance was stable, fluctuating around the two-thousand-point range. The short-term volatility rhythm is clear, making it an ideal market to seize wave opportunities—grasping the rhythm can lead to efficient profits, and even if not captured yet, there will still be opportunities for positioning in the future.

From the current market perspective, the strong rise of Bitcoin the day before has not been sustained, which indirectly confirms significant selling pressure above. The short-term upward momentum is insufficient, so the main strategy in the morning is to go short on rallies. The key support level to watch below is the 1125 area; as long as this position is not effectively broken down, the overall strategy can remain in a range-bound oscillation.

Specific reference points for the morning: you can place short positions around 1142 - 1145, with the initial target at around 1125; if the market breaks below the 1125 support, you can follow the trend and continue to sell short for deeper targets; if the 1125 support holds firm, you can switch to long positions to capitalize on a rebound within the range.
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