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Bitcoin and Ethereum weekend operation suggestions and directional analysis: On 10/25, only with enough effort can one be lucky enough. To obtain the best things in this world, you must first let the world see a better you. You don't necessarily have to turn the tide against the wind, but you must grow towards the sun. Last night, after the positive CPL was announced, there wasn't much market fluctuation. This is indeed the first 5-star CPL in recent times, which is quite rare. Last night, BTC reached near the 112000 line under pressure and quickly fell back to the 109600 line to stop the decline, then began to fluctuate upwards, currently running around 110900 line, moving back and forth.
From the current market perspective, the 4-hour level shows that it is still in a slight fluctuation upward, remaining within the ascending channel, and is slowly stretching to attempt to break through the resistance level at 1120.00. In the short term, it faces retracement pressure, currently only supported around the 109500 level. The upper resistance level is at 120200. The price is running above the middle track near 1109800, with the upper track at 111800 constituting short-term pressure. In the short term, it will still enter a narrow range fluctuation. The suggestion for short-term operations is still to trade short, with a light position for entering the market.
BTC near 111700-112300 can be shorted, target around 110000.
Near 3960-3980, you can short BTC, target around 3850 #CPI数据来袭 #比特币行情预测 #加密监管立法提速 .