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$BTC 11.12 Evening BTC analysis



The current price is 104933. The four-hour chart shows consecutive bullish candlesticks, indicating potential bullish momentum, but the long upper shadow reveals that selling pressure from above is significant. Although the MACD has crossed above the zero line and green bars are increasing, it is difficult to reverse the current weak trend. Additionally, there is a divergence between volume and price, and the KDJ is approaching the overbought zone, suggesting that the foundation of this upward movement is not solid, and the risk of a short-term correction is increasing.

Operation suggestion: Go long near 105500-106000, target 104500, 104000.
#CoinDesk11月报告Gate战绩来袭
BTC-1.88%
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