Market Outlook for the Evening of October 14, #鲍威尔讲话

With Powell's speech approaching in the early morning, the market faces significant uncertainty risks, which will be a key variable for tonight's market situation. Investors are advised to avoid aggressive chasing strategies in evening trading to prevent falling into a passive situation similar to yesterday's sharp downturn. From the perspective of historical correlations, a strong opening in the U.S. stock market often leads to an upward movement in the cryptocurrency market, so it is still recommended to adopt "shorting at high positions and following the trend" as the core trading strategy.

Trading advice reference:
• Bitcoin: Consider establishing short positions around the 112500 area, with a target price looking down at 110000.
• On the Ethereum side: Consider entering a short position at the 4150 level, targeting a price of 3860.
$BTC
$ETH