Market Analysis (10.29): Is a new storm about to appear?

The price has once again soared to 70,000, breaking through 71,000, with a large number of short positions being liquidated. The liquidation price is concentrated at 71,400. After the short positions are liquidated, there is no strength for an upward movement; it is highly likely that the market will pull back and make a second test.

Avoid chasing highs and cutting losses; the risk of chasing now is extremely high. Currently, after adding short positions, the average price is at 70,500. Are there any of you afraid of heights? Where are you all stuck? Let me go first. Short position at 70,500, BCH 371, BNB 597#BTC突破7万大关 #你问我答 #山寨季何时到来?