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11.11
Early morning thoughts
A slight short-term pullback is a normal correction. Although the four-hour chart shows a bearish candlestick and weakened rebound momentum, the support levels are still being tested and the overall trend remains unchanged. The pullback is a healthy adjustment for the bulls to accumulate strength. In the short term, respond with a sideways strategy, patiently wait for the pullback to the support zone, and set up long positions there. Maintain rationality and confidence. After consolidating the foundation through oscillations, the market is expected to continue upward.
Bitcoin: Buy around 104,600-105,000, target 107,000-108,000
Altcoin: Buy around 3,450-3,500, target 3,600-3,700