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Liang Qiu: The Bitcoin/Ethereum market is expected to fluctuate back and forth between bulls and bears until November 8th.

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Bitcoin/Ethereum prices dipped again in the evening, breaking yesterday's daily low before rebounding. The overall trend shows signs of weakening after breaking the low, especially since Bitcoin is only a hair's breadth away from the previous daily low of 98,800. Another break below this low would likely lead to further declines. Our long positions entered during the day session could have yielded some profit if we had been patient and added to our positions on the dip, or we could have exited if the price broke below the 3270 level. Our recent long/short strategy has yielded good overall returns, especially with last week's near-perfect record for Ethereum, securing 1000 points. This week, including today's two long/short trades, the previous gains are also visible. In terms of candlestick patterns, recent prices have shown a downward trend with fluctuations. After the previous sharp drop, a rebound occurred, but the overall trend failed to break through the previous high. The current closing price is gradually approaching the previous low area, and support may be tested in the short term. On the 4-hour chart, the MACD histogram shows a continuous decrease in volume, indicating weak bullish momentum. Both the DIF and DEA are below the zero line, indicating that bears are in control. However, pay attention to the lows in the early morning, especially around the 100,000 psychological level for Bitcoin, to see if a rebound can occur. For Ethereum, watch the 3250 area. Recent market movements require patience to manage trend fluctuations. Early morning trading suggestions: Short Bitcoin around 102,000-102,500, target around 100,000; Short Ethereum around 3340-3370, target around 3270. [The above analysis and strategies are for reference only; please bear your own risks. Article review and publication are not timely; please refer to real-time information.]