Analysis of Big Cake and Private Deer on the Afternoon of October 29

From the current market perspective, the four-hour level shows clear signals: after experiencing three consecutive bearish candles and touching the middle band of the Bollinger Bands, a gradual decline has emerged, followed by a bullish candle rebound, significantly weakening the short-term downward momentum; at the same time, the long lower shadow of the bearish candle confirms the effectiveness of short-term support. It is worth noting that the three bands of the Bollinger Bands still maintain an upward structure, and the market has not formed a sustained breakdown, so the probability of a rebound in the future market is relatively higher. #加密市场回调

Operational suggestion: Around 113000-113300.
Target: 114500, 115500