Brothers, today's market is one word—tragic! The market has collapsed across the board, and we must keep our composure, safeguard our capital, and wait for opportunities.

Last night was another wave of indiscriminate slaughter:

· Over 330,000 people were liquidated, with a total liquidation amount reaching $1.279 billion, of which more than 90% were long positions.

· This plunge was mainly due to long-term holders taking profits, selling a large amount of Bitcoin during October, and a sharp decline in Ethereum ETF fund inflows.

Bitcoin (BTC)

· Current price: $106,900

· Key support: $105,500 is an important support level recently, and $105,130 - $106,470 is a more critical technical support range. If it breaks below, it may test $102,500 or even $98,240.

· Recent resistance: around $112,148.

Operational thoughts:

Do not easily bottom fish in the short term, focus on the struggle around $105,500.

Ethereum (ETH)

· Current price: $3,636

· Key support: has fallen below $3,600, the next key support is at $3,550. If it breaks, it may look towards $3,350.

· Recent resistance: $3,700 has formed pressure.

Operational thoughts:

The trend is weaker than Bitcoin, very passive. Be cautious in trying to catch a rebound below $3,600.

BNB

· Current price: $996

· Key support: has fallen below the psychological level of $1,000, the next support is at $970 - $980.

· Recent resistance: $1,045 - $1,060.

Operational thoughts:

As a platform coin, it is also hard to stand alone, the short-term trend looks at Bitcoin's face.

Summary and Suggestions

1. Core idea: the current market is strongly bearish, do not blindly catch falling knives. Before the key support level, observe more and act less.

2. Position management: keep your hands steady! Position size must be light, leaving yourself enough room.

3. Stop-loss discipline: in such a market, it is essential to set stop-losses, absolutely do not hold positions.

Remember, the market is something you wait for. Protect your capital so that you can seize the opportunity when it truly arrives!

Disclaimer: The above is just a personal market analysis and does not constitute any investment advice. The market has risks, and operations should be cautious. #BTC走势分析