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Analyst Liang Qiu: 10.27 Bitcoin/Ethereum short order still has further fall space
In the afternoon trading of Bitcoin/Ethereum, the layout around 116000 and near 4250 for short orders has already opened up some space, with Ether almost reaching a 100-point range. However, what I want to emphasize is that the current market is showing wide fluctuations, and the decline is not over yet. The hourly chart shows multiple bearish candles, with initial support to focus on at 113600 and around 4060. The four-hour chart also indicates a rise followed by a drop, especially with Ether closing with a long upper shadow and a bearish candle, suggesting a weakening trend. Short orders can be well-prepared for swings or simply held patiently, waiting for further declines in the market, with reference targets below at 113600 and 4060, subject to real-time conditions. #ETH链上活动升温