#加密市场回调 11.5 morning market analysis

I've been staring at the $BTC hourly chart for a long time, and the previous wave was completely a bear's solo show. The price has been smashing down from the high point, and the volume is increasing with each drop—this indicates that the selling pressure is continuously pouring out, and the market sentiment is quite gloomy.

$ETH basically just follows the big brother. Although the rhythm of the decline, changes in trading volume, and Bitcoin are not completely consistent, the overall atmosphere is there, and the downward pressure is obvious.

Today's mindset:
If the pancake rebounds to the range of 101600-102100, you can consider placing a short position, with a target downwards of 99000-98000.
The second dip rebounded to around 3350-3300, and one can also consider shorting, targeting 3150-3050.

Don't chase the highs in operation; wait for a rebound before making a decision.

BTC-0.16%

ETH-1.44%

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