$BTC
Bitcoin 11/9:
The current price is below the middle line of the BOLL indicator and approaching the lower line, with the previous low near 73400. The daily downtrend remains unchanged. After a decline, a small candlestick formed, indicating a weak recovery at lower levels.
The MACD DIF is below the DEA and remains in negative territory. The downtrend has not reversed; the decline has only temporarily slowed, and there is no clear signal of a bullish trend reversal. The 73408–73628 support range should be monitored. If support holds, the price may attempt a rebound; otherwise, it will continue to fall.
Recommendation:
Short at 75800-75300, target 74000-73000, stop loss at 76000
(Market conditions are volatile; this information is for reference only!)
$BTC
#BTL
Bitcoin 11/9:
The current price is below the middle line of the BOLL indicator and approaching the lower line, with the previous low near 73400. The daily downtrend remains unchanged. After a decline, a small candlestick formed, indicating a weak recovery at lower levels.
The MACD DIF is below the DEA and remains in negative territory. The downtrend has not reversed; the decline has only temporarily slowed, and there is no clear signal of a bullish trend reversal. The 73408–73628 support range should be monitored. If support holds, the price may attempt a rebound; otherwise, it will continue to fall.
Recommendation:
Short at 75800-75300, target 74000-73000, stop loss at 76000
(Market conditions are volatile; this information is for reference only!)
$BTC
#BTL