10.20 Market Analysis:

The key reversal signal for BTC market has appeared: reclaiming lost ground at midnight indicates that the weekend repair cycle is nearing its end. When the four-hour chart shows a four consecutive bullish candles rising to the 109,000 level, the trading volume failed to keep up, forming a significant divergence, suggesting that upward momentum is difficult to sustain. In terms of technical patterns, after the completion of the head and shoulders bottom structure, bearish forces continue to accumulate strength, providing momentum support for subsequent downward movement; the hourly level gives a clear indication—after the price briefly breaks through the resistance level, it quickly retraces, intuitively reflecting the strong selling pressure above.
Based on multi-period resonance analysis, BTC and ETH are likely to continue their bearish trend this week, with a clear strategy for morning positioning:
Short entry in the BTC 109500-110000 range, targeting 107000.
Short in the range of ETH4050-4080, looking down at the 3860 integer level. #加密市场回调