November, autumn deepens and winter arrives. May you still be wrapped in love during the coldest season of the year, may you have enough good moods and new encounters, and just continue to live happily.

Bitcoin, after a significant overnight drop, formed a waterfall effect. The lowest point in the market dropped to the 69,680 line, and at the close, it did not continue the bearish trend but rather hovered around the 70,000 mark. This point also coincides with the 30-period moving average on the four-hour chart, indicating uncertainty in the short term, with a need for a correction. Therefore, I personally believe that today's operation will still be a bearish consolidation, so it is advisable to short on rebounds, and only set up for a long position when there is a clear signal of a bottoming out.

11.1 Bitcoin trading strategy: Short at 708/710 with a stop loss at 715, target 695; if it hasn't broken down before the European market opens, consider reversing to go long. $BTC $ETH #美国大选后行情预测 #市场关注美国非农数据 #TIA超大额解锁 #BTC挑战历史最高价 #比特币白皮书16周年