11.15 Need to wait for Bitcoin to bottom out, the alt market is on the weekend
90,000 is the dealer's delivery point, the market is a little different, the delivery of the delivery and the entry of the entry, the market position is not considered to leave the market for the time being, wait and see the callback to do alt long orders first.
Overall, there is no worry about the subsequent trend of the market, the only thing to worry about is that this round of decline is too deep and some alts have no chance to reverse. Now there is no such possibility. The market is still moving forward in the early steps of the bulls, and the callback is an opportunity.
BTC daily line-4-hour level market analysis
The Bitcoin market lacks a correct technical callback. Now the technical callback has officially begun. The upper pressure is around 88,500 and around 89,800. It is considered that there will be a reversal to around 92,000 after breaking through the two pressures at a large level. Otherwise, there will be a large-scale pin bottoming out during the day. The support target position is the support near 86,500 and the support near 84,500 that may bottom out in this round.
BTC intraday level analysis
· In the intraday market, Bitcoin is still dominated by shorts for the time being. Yesterday, it continued to rebound and open shorts. So what should be done during the day is to prepare near 88,500. After breaking through, it can be considered that it can continue to rise. It is also okay to find a position to rebound and short. Bet on the probability of bottoming out in the last hand, but now shorting is to bet on the last pin. Now, don’t be afraid of spot. Basically, the callback is about to end. The weekend cottage will continue to move.
· The position of Bitcoin during the day is the upper pressure near 88,500 and near 8900. After breaking through, it continues to move back and forth. The pressure will be farther than expected. Near 90,800 is the last pressure. As long as the support does not fall below 85,000 and 86,600 in this round, the cottage market will appear on the weekend.
In this kind of market, just reduce the leverage if you are bearish. If it is FOMO, the callback is an opportunity, and wait for the market to come. #新币挖矿你参加了吗? #美国CPI公布后降息预期上升 $BTC