Last night, BTC quickly turned around after touching $107,473 and is now stuck around $105,000, fluctuating back and forth. The MACD red bars are getting shorter, and the bulls have clearly run out of steam this time. The short-term moving averages have all clumped together, making it difficult to predict the next direction.
The bulls now want to continue pushing up but are unable to do so, and it is highly likely that they will remain in this high range for a while. If the support at 105000 is not maintained, the next stop will likely be around 104000. Therefore, the risk of chasing long positions now is quite high.
It is recommended to wait for a rebound in operations——if the price can return to the range of 105500 to 106000, consider positioning for a short, with a target of 104000; if more aggressive, a break can be seen at 102500. Patience in waiting for opportunities is better than chasing blindly.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
9
Repost
Share
Comment
0/400
ChainProspector
· 2025-11-14 02:24
Long positions have fallen badly, or are they still long?
View OriginalReply0
MechanicalMartel
· 2025-11-13 00:44
My mindset collapsed, I quickly closed all long positions in the morning.
View OriginalReply0
TradFiRefugee
· 2025-11-12 19:16
Don't panic, don't panic. Buy the dip after the fall.
View OriginalReply0
BloodInStreets
· 2025-11-11 09:01
It's another good time for a big harvest of retail investors. Are the newbies following the trend ready with their wallets?
View OriginalReply0
ChainDetective
· 2025-11-11 09:01
看空了属于是
Reply0
FloorPriceWatcher
· 2025-11-11 09:00
All in就完事了
View OriginalReply0
GateUser-c799715c
· 2025-11-11 08:57
Take a deep breath, what are you doing with a all-in?
View OriginalReply0
liquidation_surfer
· 2025-11-11 08:53
Those who followed the order are all Tied Up, right?
View OriginalReply0
DefiPlaybook
· 2025-11-11 08:43
Interval fluctuations break out the ladder order Clip Coupons Clip away
#NFT领域强势上扬 11.11 Bitcoin evening trend observation
Last night, BTC quickly turned around after touching $107,473 and is now stuck around $105,000, fluctuating back and forth. The MACD red bars are getting shorter, and the bulls have clearly run out of steam this time. The short-term moving averages have all clumped together, making it difficult to predict the next direction.
The bulls now want to continue pushing up but are unable to do so, and it is highly likely that they will remain in this high range for a while. If the support at 105000 is not maintained, the next stop will likely be around 104000. Therefore, the risk of chasing long positions now is quite high.
It is recommended to wait for a rebound in operations——if the price can return to the range of 105500 to 106000, consider positioning for a short, with a target of 104000; if more aggressive, a break can be seen at 102500. Patience in waiting for opportunities is better than chasing blindly.
$BTC $ETH