#巨鲸动向 Looking at the recent market performance timeline, although the market has maintained a rising trend for five consecutive days, the important resistance level of 114500 has not been effectively broken or held above. It is noteworthy that each candlestick has a significant upper shadow, indicating a strong selling pressure in the current price area as shown by this technical indicator. Currently, this upward trend is essentially just a technical correction following a previous bottoming out, so the strategy still recommends seizing shorting opportunities during rebounds.

📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
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Share your market view on this week’s theme: #WillBTCHit120K ?
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🎒 Gate Square “Blue & White Travel Season” Merch Challenge is here!
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