Thoughts on the morning of November 18:
Last night, the price of Bitcoin rose to around 108,300, and then fell back to around 105,600 under pressure. Currently, Bitcoin is running steadily around 106,000. From the four-hour level, Bitcoin is currently in the stage of falling back after hitting the support line of 105,000. It rebounded again after just touching the support line below. Short-term support can be seen here. Although the strong rhythm has been interrupted, the trend has not changed. The pullback is an opportunity to get on the train. In terms of operation, it is mainly low-level. If there is a sign of pressure, you can consider shorting again. Conservatives can wait for the bottom to be explored and do the main thing. After all, when the large-scale trend does not change, the risk of shorting is greater than the benefit. Therefore, in terms of operation strategy, it is recommended to take the low-level long as the main idea.
Big Pie: 105500-106000 range, target 108000
Auntie: 3880-3910 range, target 4000
