[Market Analysis Today - 10.11]

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

1. Overview of the Market Situation

Let me tell you something interesting. Last night, there was a black swan-level plunge, so what do you think happened with the whales? The whales for BTC and ETH are all in short positions, but the short selling pressure is not strong. In contrast, the short selling pressure from the giants is unimaginably large. Last night, the giants that should have exited did, and there are still giants with massive funds shorting? What? Stop cursing, is that giant Chuan Chuan???

In short, I see this situation, I think the result is acceptable, it's not the work of the big players, so the main backbone is there. Let's wait for the market to slowly recover.

2. Points
BTC: Focus on the 108 position
ETH: Pay attention to around 358

It is not recommended to make any operations today; you can split the spot position and buy one lot.

Friendly reminder: Manage your positions well, or you'll lose your assets when a black swan event occurs.