[10.17 Morning Strategy Analysis] 📉

The current market is clearly in a bearish trend, with multi-period technical patterns resonating downwards: the daily chart has strongly established a downward direction with a large bearish candle, the 4-hour period has seen continuous bearish candles breaking through support, and the hourly chart shows a clear wave-like downward structure, with all technical indicators dominated by bears. It is expected that there is still further downward space in the future, with the core strategy for the day focusing on short positions on rebounds.

[Specific Trading Strategies]

· Bitcoin (BTC): If it rebounds to the range of 109,000-109,500, you can gradually position short orders, with the first target looking towards 106,500. If it effectively breaks below, then continue to look at the second target of 103,000.