Today's review summary;
1: Brothers, Bitcoin rebounded to a high of 96,500 today and then continued to decline. I have been reminding you that a rebound is when you should reduce your positions; it is also the time to enter short positions. Now it has come to the 93,500 range, adjusting by 3,000 USD. It has now broken below the 94,500 range, and the next range is between 93,500 and 91,500. Currently, there has been no negative news to create panic; there won't be an accelerated decline for now. We need to pay attention to whether there will be a spike breaking the previous low of 92,280 here in the early morning. You can also place a spike order here. I believe there is a high possibility that tomorrow morning's closing will recover to 94,500; it won't directly drop to 91,500.
2: Ethereum saw two short-term rebounds today, oscillating in the 3,250—3,350 range. I have also started to buy in batches here, which is also the entry point for institutions to increase their positions in Ethereum in November. It will continue to consolidate for a while, and the short-term space is getting narrower, making it hard to operate. If you are catching rebounds, you can look at other assets. My buying range is still 3,268—3,218; I managed to buy the first position at 3,267, which was the lowest just now. The rebound target is 3,320—3,350, hoping for an automatic profit-taking by tomorrow morning.
3: As for SOL and DOGE, I won't do an analysis. The focus is on BNB, which has been performing quite well and has a strong rebound. It is also one of the varieties I recommended early on. Currently, it has the smallest adjustment pressure and is the most valuable variety, with more room for rebound. The rebound should have a chance above 700. Including CAKE, BAKE, and THE, you can also pay attention to these three coins. I believe BNB's strength has a chance to boost these coins.