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11.10 Bitcoin Auntie's Evening Strategy
After a morning rally, Bitcoin has been consolidating within a range, moving sideways without breaking up or down. Multiple attempts to break through 106,500 have failed.
On the 1-hour chart, during rapid rebounds, trading volume did not increase correspondingly. The divergence between volume and price indicates insufficient short-term upward momentum, making a pullback likely. The evening strategy remains primarily short positions.
Personal Suggestions:
Bitcoin: Enter short positions between 106,500-107,300, with targets down to 105,000; if broken, look for 103,000!
Auntie: Enter short positions between 3,650-3,680, with targets down to 3,500 and 3,420; if broken, look for 3,280!