#Strategy扩大比特币持仓 11.14 Morning Review of Bitcoin

Last night's market movement indeed didn't provide many rebound opportunities, directly grinding down to 97959 with a series of small downward steps. On the four-hour chart, three consecutive bearish candles have come down, but fortunately, the round number of 98000 is still holding. This morning, after breaking through 100,000, it quickly retraced its gains, indicating that the bullish momentum is clearly insufficient, and the bears are still dominating the pace.

From a technical perspective: the red bars have been increasing in volume, and the bearish pressure has not weakened; the lower Bollinger Band continues to open downward, with no obvious signs of a rebound in the short term.

In terms of trading strategy, consider laying out short positions when the rebound reaches the range of 100500-100800, with a focus on the high resistance near 100800.

The target level to watch is the support range of 97000-98000. If it breaks, it may accelerate down to 96600 without much issue. However, pay attention to one scenario: if it unexpectedly stabilizes above 101000 (which means breaking above this morning's high), a short-term rebound may occur. In this case, it is advisable to exit and observe for a more prudent approach.

The strategy is based on the current technical analysis, but actual operations still need to be flexibly adjusted according to real-time market conditions and news. $BTC $ETH