11.4BTC midday analysis

Analyzing the trend of BTC, we can combine indicators such as Bollinger Bands (BOLL), KDJ, MACD, and price structure.
The current BTC price is at 107100 below the midline, indicating that it is in a weak zone in the short term. After the price approaches the lower band, a slight rebound occurs, with the lower band being an important support level in the short term.

K value 28.7, D value 27.2, J value 31.7, the three lines form a golden cross at a low position (K crosses above D), indicating that there is short-term rebound momentum. DIF (-1018.6) is below DEA (-804.0), and the MACD histogram is negative, indicating that the medium-term trend is still bearish, but the histogram has not further expanded, showing a certain reduction in bearish strength.

Support level: If it breaks below 105700, pay attention to the previous low or the integer level range of 104000-105000.
Resistance level: If the middle track is broken, the range can be seen as 112000-112800

Operation suggestions
Currently, BTC is in a "lower support rebound + KDJ golden cross" short-term repair phase, but the mid-term MACD is still bearish, belonging to a structure of short-term rebound and mid-term bearish.

In the short term, a rebound can be expected supported by 105700. If the rebound approaches around 109000, pay attention to the level of resistance; if it encounters resistance, consider reducing positions. If the support at 105700 is broken, further downward risks should be monitored.

Observe and wait for the pressure test results around 109000 for a rebound, or the confirmation signal for support near the lower bound of 105700, and then make a direction choice $BTC .