10.31 BTC Analysis:

From the 4-hour chart perspective, the trend is clearly bearish with fluctuations. The moving average system shows a bearish arrangement, with all short-term moving averages positioned below the long-term moving averages.

In terms of technical indicators, the relevant momentum indicators are in a death cross state, with prices fluctuating near the lower Bollinger Band, and the overbought and oversold indicators have also entered their respective zones.

The funding situation shows that the bears are dominant, with trading volume increasing during the decline, but significantly contracting during the rebound. This is a typical characteristic of price and volume during a downtrend.

Operation suggestion: Bounce back to the range of 110100-110600, then look down to around 109100-108000. If it breaks through, continue to look down. #参与创作者认证计划月领$10,000