As the end of October approaches, there have been some subtle changes in the Bitcoin ($BTC ) market. After a period of stagnation, the market has shown a trend of short selling. However, investors need to be reminded to be wary of possible short-selling behavior in the market. Usually before the price falls, the main force in the market may increase profits by inducing short selling.

Entering the weekend, due to the reduction of market liquidity, BTC's upward momentum seems a bit weak, giving people an impression of market fatigue. This has made some investors see the hope of short selling and begin to actively participate in short selling operations. However, it should be pointed out that BTC still shows a fine-tuning of the long structure on the 1-hour, 2-hour and 4-hour charts, which is a normal phenomenon after a round of big rises. The price is still consolidating above $67,850, and there is no sign of a large amount of capital flight. Therefore, heavy short selling at this time may be a gambling behavior rather than a decision based on rational analysis.

From the weekend to next Monday, BTC may only need to complete a callback of $67,450-67,850, which will accumulate strength for the market rise next week. If there is a downward test, then $65,750 may be a support level, and the possibility of further testing to $64,450 or $63,260 is relatively small. Therefore, investors should be cautious when making trading decisions and avoid heavy positions without sufficient analysis. Market fluctuations are normal, and investors should remain calm and rational, avoid chasing ups and downs, and adopt a diversified investment strategy and pay attention to risk control.