11.6 Morning BTC Market Analysis:

The 4-hour level shows a clear lack of upward momentum, with a decline in momentum after three consecutive bullish candles, failing to effectively stabilize at the middle band of the Bollinger Bands. This position has now turned into a key short-term resistance level. As buying pressure continues to shrink, the probability of a subsequent pullback has significantly increased. From the 1-hour level, both the increase and momentum appear weak, with the overall situation trapped in a sideways consolidation pattern. Considering the background of a lack of support for short-term upward movement and the initial signs of a downward trend.

Operational suggestion: positions can be arranged around 103500 and 104000. #BTC