Article editing time: October 19, 2025, 20:30. All opinions do not constitute any investment advice! For learning and communication purposes only.

BTC closed with a small bullish candle yesterday, with a high around 107,499 and a low around 106,322. It has now returned to the consolidation range. Today's overall fluctuation is small, remaining in a sideways trend. This position is also a zone of concentrated positions, and in the past 12 hours, the main force has been accumulating positions. We are currently at a critical point for bulls and bears. If it effectively breaks below the 105,000 level, it may further decline; otherwise, it may experience a rally.

On the daily chart, the Bollinger Bands are opening downwards, supported by the lower Bollinger Band at 105,300. The MACD continues to expand, but the market has not fluctuated, indicating clear contention at this point. On the 4-hour chart, it is in a sideways trend, with the MACD showing divergence, and the Bollinger Bands beginning to contract. It is recommended to buy lightly near 100,800 on a pullback, targeting 102,000-103,000. A light short position can be taken near 109,200, targeting 106,000-100,800, with a stop loss of 500 points for each. The market changes rapidly, and specific operations should be based on real-time strategies.

Disclaimer: The above content is personal opinion, and the strategy is for reference only, not as an investment basis. Any risks taken are at your own discretion.

This article is exclusively provided by Coin Circle Fu Zhu, representing only Fu Zhu's unique perspective. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. May my analysis serve as a lighthouse in the vast sea of the cryptocurrency market, guiding your journey.

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