$BTC Caution against risks, do not short in a bull market, the following are the buy positions:
【Today's Market Analysis - BTC - 11.12】This is only for technical analysis learning, not an investment opening suggestion. Profits and losses are at your own risk.
1. Daily: Let me tell you an interesting thing, every day there are bears providing liquidity, and the support at 80500 shot up yesterday. Thanks to the bears. Currently, 898 seems to be a temporary top, whether it breaks through this top depends on whether the bears continue to provide liquidity. However, overall bearish liquidity is indeed insufficient. The price will have a significant pullback, and I do not know when it will happen. Once it starts, the 78~80 range is highly likely to be a pullback position, and it will definitely return to the 7xxx range. The intraday pullback at 88 is the first pullback position, and 854 is the second pullback position.
2. 4H: The current K is closing, currently showing a significant downward spike, which is a phenomenon that often occurs during a strong bull market surge. Just hold onto it when you see it. Moreover, this is currently a strong one-sided market, and the price will not have a significant pullback in a short time.
3. 15min: After the K spiked downward at 8:15 AM, it has been pulled up, and now it is starting to consolidate, with trading volume also decreasing. Brother Ha's judgment is that this is waiting for the bears to short and provide liquidity fuel. If there is not enough fuel for the continuation, there will be further panic selling to induce shorts.
Intraday trading mindset: Do not short in a bull market!!! Buy on pullbacks!!! Manage your positions well, do not rush, and be aware of the risk of significant pullbacks.
