11.16: Weekend morning market overview:
BTC closed with a positive line in the morning, forming a positive line enclosing a negative line. From 0 o'clock in 4H, it is also a positive line enclosing a negative line. The general trend remains unchanged. However, the closing line of the three green soldiers in 4H is getting weaker and weaker, and the volume is getting less and less, forming a volume-price divergence. Everyone understands that when there is a divergence, something must have happened!
The big cake started to pull the market in the middle of the night, and it did not break through the upper resistance and went straight down. This is also the second time that the big cake has touched the new high of 93265 after setting a new high! Since the attempt failed, it will naturally fall back, and then accumulate momentum to touch this position again. If it breaks, it will go to 94949 97092 or even 99457. The intraday support is 90025 89475 88898.
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