$BTC Crypto Academician: 11.10 Bitcoin (BTC)—the last line of defense. How much further could it fall if it breaks below?
Another article finished, and my hands are sore. I barely made a move in today's market—I just watched it all day. If I can't make sense of it, I don't trade. That's a rule I've set for myself. If you're also staying up late watching the charts, take my advice: get some sleep. The market will still be here tomorrow; without your health, you have nothing. I post market notes here every day. I don't call trades or make empty promises—I just write down what I see. If this is your kind of content, follow me, and let's get through this grueling market together.
Structurally, the daily candlestick chart shows that the price has fallen below all the short- and medium-term moving averages, which are aligned bearishly. This is a typical continuation pattern in a downtrend. As for MACD, the green bars are still growing, and bearish momentum has not yet faded. The lower Bollinger Band is at 73628, the last line of support on the daily chart. A decisive break below it would open up more room to fall.
On the four-hour chart, the price has rebounded from the previous low of 73333. Notably, the MACD green bars have started to shorten from their deepest point, indicating that bearish momentum is waning and hinting at a possible short-term bottom. However, the price remains below the EMA15 at 75378 and the Bollinger Band middle line at 75571. Together, these form the first resistance zone. The TD sequence has just printed a 1, indicating that the rebound signal is only beginning to take shape. It's too early to call a reversal; this is merely a technical recovery after becoming oversold.
Short-term reference:
Upside: resistance between 74000 and 73500; stop loss at 500 points; target 75000 to 76000.
Downside: upward momentum stalls between 76000 and 77000; stop loss at 500 points; target 75500 to 75000.
For specific trades, rely primarily on real-time order book data. For more information, you can contact the author. Articles may be published with a delay. This is for reference only; trade at your own risk.
#BTC走势分析
Another article finished, and my hands are sore. I barely made a move in today's market—I just watched it all day. If I can't make sense of it, I don't trade. That's a rule I've set for myself. If you're also staying up late watching the charts, take my advice: get some sleep. The market will still be here tomorrow; without your health, you have nothing. I post market notes here every day. I don't call trades or make empty promises—I just write down what I see. If this is your kind of content, follow me, and let's get through this grueling market together.
Structurally, the daily candlestick chart shows that the price has fallen below all the short- and medium-term moving averages, which are aligned bearishly. This is a typical continuation pattern in a downtrend. As for MACD, the green bars are still growing, and bearish momentum has not yet faded. The lower Bollinger Band is at 73628, the last line of support on the daily chart. A decisive break below it would open up more room to fall.
On the four-hour chart, the price has rebounded from the previous low of 73333. Notably, the MACD green bars have started to shorten from their deepest point, indicating that bearish momentum is waning and hinting at a possible short-term bottom. However, the price remains below the EMA15 at 75378 and the Bollinger Band middle line at 75571. Together, these form the first resistance zone. The TD sequence has just printed a 1, indicating that the rebound signal is only beginning to take shape. It's too early to call a reversal; this is merely a technical recovery after becoming oversold.
Short-term reference:
Upside: resistance between 74000 and 73500; stop loss at 500 points; target 75000 to 76000.
Downside: upward momentum stalls between 76000 and 77000; stop loss at 500 points; target 75500 to 75000.
For specific trades, rely primarily on real-time order book data. For more information, you can contact the author. Articles may be published with a delay. This is for reference only; trade at your own risk.
#BTC走势分析
