Analyst Liang Qiu: Bitcoin and Ethereum successfully verified on October 10th, with morning market analysis

Bitcoin and Ethereum repeatedly pointed out the 4380 and 123000 levels last night. After a sharp rise, the market continued to decline to around 4260 and 119500, leaving ample room for growth. Bitcoin surpassed 3500 points, and Ethereum surpassed 120 points. Congratulations to those who have been following along. The current market rebound does not necessarily mean a reversal, especially given the limited strength of Bitcoin's rebound. This is simply a correction after a rapid decline, and it hasn't broken through yesterday's pressure points. The candlestick chart has shown significant volatility in recent days, with each sharp decline followed by a rebound, but the strength of the rebound has gradually weakened. The current price is fluctuating at a high level, forming a small correction. Technically, the 4-hour MACD is in negative territory, and the histogram continues to shrink with increasing volume, indicating a weakening of bearish momentum, but not yet a clear bullish trend. The daily and 4-hour moving averages show clear pressure at 122500 and 4420. Short positions can be entered in batches below these resistance levels. Recommended trading strategies: short Bitcoin around 121,500 to 122,000, with a target around 119,500; short Ethereum around 4,370 to 4,400, with a target around 4,280. In fact, recent continuous profit-making strategies have been clearly visible to many followers. The current market is primarily volatile, so posting this article is effective and provides real-time guidance. Follow our homepage for updates!