[Market Analysis Today - 10.8]

For educational purposes only regarding technical analysis, not investment advice, profits and losses are at your own risk.

1. Overview of the Market Situation
Increased divergence between bulls and bears: Although the dealer's chips are still concentrated, the distribution of bullish and bearish forces is beginning to shift towards the bears, and bullish momentum is slowing.
Mainstream capital behavior: The main force selling is becoming aggressive, and some active buyers show signs of exiting.
Precise strategy suggestions: Be sure to defend at high positions, test in batches at low positions, and ensure light positions during the period of long and short conversion.

2. Bitcoin (BTC) Analysis & Trading Opportunities

1. The dealer's chips are highly concentrated, and the willingness to lock up funds remains strong.
2. The selling pressure from large whales is significant, and the bullish momentum is weakening.
3. Market sentiment is bearish, and short-term trades are likely to be dominated by bears.
4. There is a certain degree of short-term swing flexibility, but the rebound space is limited. It is recommended to trade in short-term swings.

🎯 Key Points:

🛡️ Support Zone: 118,260 ~ 121,920 USDT (long liquidation zone, can try to enter long positions in batches upon retracing to this area)

🚧 Resistance Zone: 125,570 ~ 129,230 USDT (Short liquidation zone, consider shorting if there is a rebound resistance)

📋 Today's trading advice:

✅ Buy on dips: Allocate in batches between 118,300 and 121,900, stop loss at 117,500, target 125,500 to 129,300

❗ Short position in the resistance zone: 125,500~129,300 faces resistance for reducing positions, can attempt a short position with a light position, stop loss at 130,000, target at 122,000

3. Ethereum (ETH) Analysis & Trading Opportunities

1. The concentration of the dealer's chips is good, and the main force is actively locking in positions.
2. Overall market sentiment is optimistic
3. Short positions are active but not absolutely dominant, and there are trading opportunities for a rebound.

🎯 Key Points:

🛡️ Support Zone: 4,331 ~ 4,465 USDT (Low buy main force easy entry zone)

🚧 Pressure Zone: 4,599 ~ 4,733 USDT (Short liquidation zone, be cautious of taking profits or shorting on rebounds)

📋 Today's operation advice:

✅ Support zone for batch long positions: 4,340~4,460 layout, stop loss at 4,300, target at 4,600~4,730

❗ Fast in and out short position at resistance zone: 4,600~4,730 resistance zone, stop loss at 4,780, target at 4,465

📌 4. Warm Tips & Continuous Service
⚡ The current market has entered a stage of increased short-term bullish and bearish divergence. It is recommended to maintain a strict light position and be cautious about chasing uptrends and downtrends.