$BTC dropped last night and surged back rapidly this morning. Normally, after such a big V-shaped recovery, the outlook is bullish, but today's V-shaped recovery is different.

$BTC is relatively strong in October, but after the V-shaped recovery, it couldn't hold its ground, not even daring to approach 67950. First, I told my friends to short at 673 yesterday, and some friends asked if it might go up first. So I reiterate, if it cannot hold 67950 for four hours, it indicates it is still in a downtrend.

Secondly, this V-shaped recovery is very unusual. Generally, after a V-shaped recovery, it will consolidate, but this behavior of continuing to decline is quite abnormal.

Therefore, tonight we will mainly focus on shorting, and internally we have already entered a short position on BTC at 67014.