As October deepens, the arrival of the weekend has caused some changes in the Bitcoin ($BTC ) market. After a period of stagflation, the voices of short selling in the market have begun to increase. However, it is necessary to be vigilant that the main force may use this sentiment to induce short selling operations to obtain more profits.

Entering the weekend, due to the reduction of market liquidity, the upward momentum of $BTC seems to be somewhat insufficient, giving people a feeling of market fatigue. This has made some investors see the opportunity to short sell and begin to actively participate in short selling operations.

Here, it is not to completely deny the short selling strategy, but to remind everyone that BTC still maintains a long structure on the 1-hour, 2-hour and 4-hour charts. The current pullback is just a normal adjustment after this round of rise. As long as the price remains above $67,850 and there is no sign of a large amount of capital flight, heavy short selling is more like a gambling behavior rather than a layout based on rational analysis.

From the weekend to next Monday, if BTC can complete the pullback from $67,450 to $67,850, it will accumulate strength for the rise next week. If there is a downward test, then $65,750 may be a support level, and the possibility of further testing $64,450 or $63,260 is relatively small. Therefore, investors should be cautious when making trading decisions and avoid heavy positions without sufficient analysis.