2025/11/6/BTC

Macro/We must be cautious of the lagging effects of the US ISM data, which recorded a high PMI value of 52.4, indicating an improving economy, favorable for the US Dollar Index to continue its upward trend. The ADP employment figures exceeded expectations, putting natural pressure on Bitcoin.

Technical / Four-hour cycle with multiple long bullish candles, the bottom breaking below BOLL-LB99600( interpreted as an integer of 100,000) repair action. However, after the daily line forms a "hammer candle" followed by an "engulfing pattern," it suggests that the short-term bottom has been confirmed, focusing on LB99600 for a second penetration.

Strategy/Regardless of the predetermined direction, it is not advisable to chase directly. Currently, it is necessary to consume multiple times the favorable sentiment formed by Trump's mindless shouting in the cryptocurrency circle. In the mid-term follow-up pattern, there is at least one possibility for Bitcoin to leak premium, and the defense point should be around 90,000. A rebound of 0.8-1% during the day can be used to add to short positions, or just set a limit for buying.

This article is based solely on publicly available information and professional judgment and does not constitute any guarantee of returns or commitment to the safety of the principal. Investment carries risks, and decisions should be made with caution. Please carefully assess your own risk tolerance and financial situation, and assume the related investment risks on your own.