On the evening of October 31, BTC
The four-hour chart shows a bearish trend but trading volume is decreasing, and it has recorded three consecutive bullish candles; the hourly chart indicates that the bulls are continuing to increase their volume, but it is not yet considered a reversal.
The overall trend remains predominantly bearish, so short positions should be taken at highs. Short between 110800-111200, first targeting 108000; if it breaks below that, continue to look for 106000.
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