The latest analysis of Bitcoin and Ethereum's market trends: As of 10/31, the current market shows a clear range-bound characteristic, with prices running between the key support level of 108000 and the resistance level of 112000. The technical aspects indicate a balance in market sentiment, with diminishing momentum but still presenting sell signals. The hammer candlestick pattern resonates bullishly with the support level, suggesting that the support may hold; however, the bearish arrangement of the moving average system and the death cross indicate that there is still downward pressure in the market, leading to significant contradictions in the technical signals. The current market is in a range-bound state, with prices nearing the resistance level of 112000, and the moving average system reflecting a bearish arrangement and a death cross, suggesting that the resistance level may hold. Therefore, shorting near the resistance level is a reasonable choice in line with the current market conditions. Xiao Ma's operational advice is still to engage in short-term trading with light positions for shorting.