💥 Gate Square Event: #PostToWinCGN 💥
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📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
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#BTC #圣诞冒险岛:喜迎新年,$50,000福利派送中 High-altitude thinking is verified, Rebound continues to short! 12.30 Big Pie Auntie's thinking
Over the weekend, the overall market situation remained unchanged, but there were still opportunities to profit from short positions and strategies. The short positions from the weekend have not changed. The short position set up yesterday morning made a small profit and exited. Bitcoin reached a low of 92961 in the early hours, while Ethereum reached a low of 3324. Profit can be made from short positions! Ethereum is still much stronger than Bitcoin. Ethereum has rebounded to around 3380 again.
Technically speaking, the daily chart closed with a bearish candle and a relatively long lower shadow. This kind of closing suggests a potential rebound during the day. The Bollinger Bands are starting to widen, with the middle band still pressing lower. The KDJ indicator has formed a bearish crossover and is diverging downwards for the second time. The MACD lines continue to diverge downwards. Overall, the daily chart shows a bearish trend!
Looking at the four-hour chart, the Bollinger Bands are trending downwards, with the price running near the lower band, the KDJ three lines are diverging downwards, the MACD two lines are diverging downwards, and the volume is starting to increase! The daily chart is strengthening the bearish trend, and the current bearish view remains unchanged!
Overall, after a weekend of consolidation, the bears still dominated the cryptocurrency market. The short-selling strategy that was recommended was in line with expectations. Although the market did not hit a new low, this could be due to the impact of thin trading volume caused by the closure of the U.S. stock market. Therefore, for intraday trading, it is recommended to focus on shorting at the Rebound level. Key resistance levels to watch include 94800, 95700, 97000, 98500 and 99500, while key support levels to watch include 93000, 92500, 92000 and 90700.