Good evening, everyone. I am Mihu. Today, I am mainly reviewing the market.

1. The pin hit 66,000 in the early morning this morning, and the 4-hour level has been completed. Now it is completely possible to go down at the 4-hour level. If it falls below 61,000, it is definitely on the downward route. Most positions are closed at around 61,200, and the break-even loss is set. The target can be seen at around 58,500.

2. Two aggressive orders were given today, one near the support level of 64,600 and the other near 63,600. The latter one at 63,000 is the limit support, and it will definitely rebound if it falls below it. In the end, I chose to break even and lost it. These two aggressive orders are mainly affected by emotions. This must be improved!

3. My first medium- and long-term short order was the first position near 65,200, and the loss was 66,000. As a result, the highest price reached around 66,400 in the evening, which happened to be lost. Later, I took it back because its upward momentum was insufficient at that time, which was also mentioned in the article at that time. There are still two opportunities to cover positions that have not been used.

4. I originally expected that there would be a big drop during the National Day holiday, because it is easy to cause trouble at the beginning of the month, and the fastest is during the daytime in the United States. I still underestimated the temptation of A-shares. But this will not last long. The fall this week was even more severe, and the rise in October was even crazier than it.

5. The market is now in a consolidation stage, and we will confirm it after the opening of the US stock market tonight.

Operation:

1. Continue to hold medium- and long-term short orders, and you can set a moving loss to protect your principal, and the target remains unchanged.

2. If the big cake falls below 62,800, consider taking a rebound long order. It is likely to go to around 64,000, and if you are lucky, it can also be around 65,000. Then 65,000 will still be reversed.

3. The main reason for the escape of longs on the Ethereum chain is that the short selling on the chain is mainly concentrated in the big cake, so Ethereum will be slightly resistant to the fall.

4. We are still in a bull market. My attitude towards copycats in a bull market is to be bearish but not short, buy on dips, and follow the trend.

Finally, the above is purely my personal opinion, and I welcome corrections and exchanges.