11.25 Monday Bitcoin Afternoon Insights: The rebound continues to be bearish!

In terms of the overall trend of Bitcoin, it is still in a death cross downward bearish arrangement with divergence, there is still space to move downwards, and it won’t reverse directly so quickly. However, it still shows a bearish fluctuation. The 4-hour rebound is under pressure at the 98500 line, repeatedly hitting highs and then retreating. Therefore, we still maintain a bearish outlook for the afternoon!

For the afternoon operations on Bitcoin, Lin Kun personally suggests selling on the rebound at 98350-98850, with a target looking down at the range of 96500-96000!