Analyst Liang Qiu: On October 11, the trend of Bitcoin and Ethereum short positions rebounded and continued to weaken

Bitcoin and Ethereum have been falling steadily since their highs of 126,000 and 4,750, with a potential drop of tens of thousands of points brewing last night. Yesterday and the day before yesterday's videos repeatedly warned us that the rally from 3,820 to around 4,750 would be followed by a similar decline, suggesting this level would be reached within two weeks. It happened within two days, and the decline exceeded expectations, perfectly validating our overall strategy. The only downside was a short position near 4,100, followed by a break of 4,060, followed by a short position at 3,850, which was also a perfect buy, as can be seen in the previous videos and articles. Following a rapid decline, the market rebounded to 114,600 and then 3,940 before consolidating and falling. The overall trend has weakened, but significant short-term volatility is expected to be minimal. The 3,950 and 115,000 levels will also act as short-term pressure points. Support below is limited to last night's low of 102,000 and around 3,400. The market will see repeated fluctuations in the morning session, with highs and lows to watch for intraday recovery. Trading recommendations include shorting Bitcoin between 113,000 and 113,500, with a target around 111,000; and shorting Ethereum between 3820 and 3850, with a target around 3720. Currently, trading is relatively positive, and we recommend swing trading on altcoins ORDI, LPT, SOL, and UNI. Specific trading strategies will be guided by real-time guidance. For more strategies, please follow the official account: Analyst Liangqiubb