Evening Analysis of BTC on October 8:

Currently, many people are wondering if this rebound is an opportunity to bottom-fish and make profits. Although we have only bought in for over 1000 points, I fully understand that going long is just temporary; it's best to take profits when you can!

Whether retail investors or whales are bottom-fishing, when everyone is buying, the manipulators have already set up their strategy. In a clear trend, market sentiment can represent the direction of price movement; however, when the market is in a tug-of-war with unclear directions, going against the trend can also be a wise strategy.

BTC Trading Suggestion: Continue to short around 114500, with targets at 1132/1120/1108.

$BTC $ETH