11.13 Morning Market Analysis
Currently, there are no conditions for opening a short position directly. One necessary condition for entering a short position is: the four-hour closing must be below the lifeline.
1: Yesterday, Bitcoin tested the four-hour lifeline at the 86100 position with three consecutive pullbacks, and the closing was above the lifeline each time, indicating that the bulls are resisting at this position. This situation is normal; most will rebound during the first pullback to the lifeline.
2: Whether it can reach a new high is still uncertain, but the price in this area has become sensitive, and after the first pullback, there will be a second one.
