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Market Analysis for the Morning of 11.11
Last night, Bitcoin first surged to around 106,600, then descended to around 104,600 where it stabilized and rebounded. Currently, it is fluctuating around 105,600, and the previous high-selling strategy has been perfectly validated.
From a technical perspective, the Bitcoin 4-hour chart shows a top divergence at the upper track. After the KDJ three lines formed a death cross, they continued to move downwards. The MACD bullish momentum is gradually decreasing, and short-term pullback signals are evident. The morning operations can continue with a high sell strategy.
Operational Suggestions:
The range of Bitcoin is 106100-106600, with a target looking down towards the vicinity of 104600-105100.
Auntie 3580-3610 range, target looks down to near 3500-3530 $BTC $ETH #广场发币瓜分千U奖池 #美停摆危机或将结束？