Since the major earthquake in the Bit community on October 11, after that, multiple trading days have experienced aftershocks. Bitcoin's posture has fallen below the 11/4000 mark as expected, and SOL has also fallen below the 200 threshold.

The trend can be summed up in one word: soaring. Of course, the overall market sentiment is relatively low at the moment, as the consecutive plunge has caused many people to lose confidence. In contrast, only the winning team led by Sister Ying is soaring high, becoming more courageous as they fight on.

If you can’t grasp it, under a downward trend, you can selectively enter the market with the principle of "short near and long far". When the short is near the resistance level, you can be more aggressive or more conservative. For the long position, that means entering near key support.

Today's discussion focuses on the resistance at 110,000/4,000 and the support at 117,000/3,830.