Attention😠 Attention😠 Attention

Risk💣 Risk💣 Risk💣

Bitcoin's decline and adjustment are not yet in place

Forcefully stretched to 97800 to eliminate the last few shorts

Now there are many trapped long positions at 9.63-9.6-9.53

Be cautious when bottom-fishing; the bottom has not stabilized yet, this week's washout market

$BTC has been reminding everyone these past two days that the rebound is a false breakout at 95750

It was only forced up to 97850, and individual coins are basically at their highest positions reminding everyone to exit; currently, short-term operations can focus on rebounds, the 93000-93500 range has support, and you can also short on highs. The upper level 94700—95000 should not go up so quickly because many people were trapped here trying to bottom-fish last night, and there are also long positions trapped at the upper level 96000-96300. The lower short positions around 90500-91500 are still trapped and have not been liquidated, and it won’t come down directly to let them out; it will grind in the 92500-93500 range, with a possibility of a spike around 91800. Therefore, for other altcoins, short-term operations are sufficient; do not be overly ambitious; do not be greedy. There are still many news items in the next few days; Trump is going to release a meme coin again, and Musk is stirring things up again, plus the Federal Reserve's interest rate decision. Powell still has to listen to his chatter. In this tumultuous autumn, be cautious and careful when bottom-fishing; do not let the short positions just get out while long positions are still trapped, as that would be awkward. Once the news settles down, we will reallocate our main positions for entry; for now, only short-term trades, in and out quickly with good stop-losses will suffice.