Strong bearish sentiment, warning of a waterfall decline
On the evening of 10.17, BTC continues to show weakness. Under the 'Black Friday' effect, there is no support in the market, and a waterfall-like crash is highly likely.
The market is experiencing a one-sided bearish trend, with the rebound momentum completely lost. ETH is declining in sync, and the bearish pattern is clear.
Trading suggestion: Short in the 106600-106000 range, targeting 104000-103000, pay attention to risk control.
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