$BTC Currently, there is an increasing divergence between long and short positions in the market: institutional funds' willingness to get on board is weakening, and short positions sentiment is rising. From the market data, the price has not been able to break through the $116k level in the short term, and the momentum of long positions is temporarily insufficient; however, short positions have a slight advantage after breaking below the early October low. But if the $107k support can be maintained, there is a chance of forming a rebound. Overall, Bitcoin is forming a contracting triangle

The price of $ETH has currently fallen below the trend line, and the current short-term trend is weak. If it breaks below the previous price range, there is a high possibility of testing the previous low point of #ZhangSanAlpha .

The current short-term trend of Bitcoin is weak, especially near the support level and the 4-hour EMA20. If it cannot effectively rebound, it may further break below the support zone and pull back to a lower price range. The MACD indicator shows strong short-term selling pressure, with the gap between the MACD line and the signal line widening, and the MACD histogram is also in the negative zone, indicating a bearish market sentiment, which may lead to more selling pressure in the short term. $BTC #ZhangSanAlpha