Strategy continues to accumulate approximately 1,036 BTC—has it bottomed yet? ❓
Will Double 11 bring a major price promotion? 〽️
November 11 $BTC Comprehensive Market Analysis
💰 Market News:
U.S. October CPI came in hotter than expected: +0.4% month over month (vs. 0.3% expected), while core CPI rose +0.3% (vs. 0.2% expected). After the data was released, the market’s probability of a Fed rate hike in December rose significantly (from about 77% to 85%), putting pressure on risk assets.
Traditional safe-haven assets such as gold performed relatively strongly, diverging from BTC.
💰 Fund Flows:
Spot BTC ETFs continued to see net outflows: approximately $201M on November 9. Cumulative outflows in November were about $1.48–1.5B, following approximately $1.28B in outflows the previous week—the largest weekly outflow since June. Institutional risk appetite is clearly weak, with funds continuing to be redeemed.
💰 Sentiment:
The Fear & Greed Index is around 29, indicating fear.
💰 Technical Analysis:
A textbook downtrend—wait patiently for signs of stabilization.
A structure of lower highs and lower lows has formed.
Daily RSI is around 34–38, near oversold territory, but there are no strong reversal signals; momentum indicators are bearish.
Support: 72500-70500
Resistance: 74600-75000
$BTC
#CPI高于预期，美股与BTC再度承压
Will Double 11 bring a major price promotion? 〽️
November 11 $BTC Comprehensive Market Analysis
💰 Market News:
U.S. October CPI came in hotter than expected: +0.4% month over month (vs. 0.3% expected), while core CPI rose +0.3% (vs. 0.2% expected). After the data was released, the market’s probability of a Fed rate hike in December rose significantly (from about 77% to 85%), putting pressure on risk assets.
Traditional safe-haven assets such as gold performed relatively strongly, diverging from BTC.
💰 Fund Flows:
Spot BTC ETFs continued to see net outflows: approximately $201M on November 9. Cumulative outflows in November were about $1.48–1.5B, following approximately $1.28B in outflows the previous week—the largest weekly outflow since June. Institutional risk appetite is clearly weak, with funds continuing to be redeemed.
💰 Sentiment:
The Fear & Greed Index is around 29, indicating fear.
💰 Technical Analysis:
A textbook downtrend—wait patiently for signs of stabilization.
A structure of lower highs and lower lows has formed.
Daily RSI is around 34–38, near oversold territory, but there are no strong reversal signals; momentum indicators are bearish.
Support: 72500-70500
Resistance: 74600-75000
$BTC
#CPI高于预期，美股与BTC再度承压
