Sunday, November 5th, strong pressure remains, do not chase high positions

As the weekend draws to a close, Bitcoin has once again hit recent highs, surging towards the 105000 area. The ultimate target from last week has finally been reached, but after touching this area, there hasn't been a continuation, and it has slightly retreated. The upper level still remains under strong pressure, and in the short term, if it cannot stabilize above 105000, we will not consider chasing long positions.

On Sunday morning, it is suggested to short Bitcoin around 10500, with a target focus on the 103000-102000 range. On Sunday morning, it is suggested to short Ethereum around 2600, with a target focus on the 2400-2300 range.