Summary and Early Morning Market Analysis on Tuesday, October 12!

During the day, Bitcoin is still operating with fluctuations and adjustments. However, after a dip in the early morning, the market experienced a certain decline again, followed by another rise, and then a significant drop in the evening. In today's strategy, the evening also provided a perfect opportunity to short at the current price. After the drop, the price has stabilized around 95,000. All positions in orange have been realized, with the total profit from Bitcoin exceeding 5,200 points, and the altcoin also gaining over 140 points. Today has been very rewarding!

Last night, following the usual pattern, there was a precise upward probe near the second resistance level of 98,280, which started the sell-off. It was clearly a trap for the bulls. Additionally, the direction given today is very clear; the daily chart is in a correction, and the rebound should mainly focus on shorting. Currently, it has already hit the first support level of 95,731 that I provided at noon. Tonight, pay attention to minor level resistance around 96,900 and 98,000. If it does not rebound above these two levels, it will continue to test the levels of 94,137, 91,500, and 90,000, which are around these three levels!