Analyst Chen Shu: Yesterday's strategy on October 31st yielded significant profits, closing at the monthly close. After testing the bottom and rebounding, watch for a breakout above the 11.12 resistance level.

Analyst Chen Shu: Yesterday's strategy on October 31st yielded significant profits at the monthly close. The market is testing the bottom and rebounding; watch for a breakout above the 11.12 resistance level. Yesterday's midday analysis suggested shorting Bitcoin at 11.1, and the midnight analysis suggested going long at 10.66/3700. The long positions were precisely timed, resulting in substantial profits. Yesterday's long and short strategies yielded over 5000/150 points. Congratulations to those who followed the strategy. Looking at the daily chart, yesterday's overall trend was as predicted, with the price continuously declining to a low of around 10.6. Currently, the rebound is underway. If this trend continues, the short-term resistance level to watch is the 1-hour MA256 moving average at 11.12. A break and hold above this level would signal the end of the short-term downtrend and the start of a consolidation phase. On the daily chart, watch for a breakout above the 11.1 resistance level; a move to this level is expected to bring further downward pressure. From the daily chart, Ethereum has retested the 3650 level, marking its third bottom test. On the 4-hour chart, it has seen consecutive positive closes, touching the 10-day moving average (MA10). The key focus is whether the price can break through and hold above this level. The key resistance level on the 1-hour chart is the 256-day moving average (MA256) around 3950; this level should be closely watched for any potential rebound. Midday Trading Strategy (Written at 15:00):