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11.18 BTC Evening Strategy
The rebound of BTC is clearly lacking sustainability and strength; it faded just as it started to gain momentum, followed by a downward candle that crashed down, with short-sellers increasingly aggressive, completely nailing down the weak market structure.
The current rebound is just a struggle of "a dying gasp," unable to change the main trend of decline, and can't wrestle the narrative power from the bears. The probability of further downward pressure is basically at its maximum. The rebound is just a "flash in the pan," as the weak market has already been locked down by the bears.
Operation Suggestions
BTC: 91800-92300 directly entering
Target: First look at the 90000 level, if it breaks down continue to look at 88000, long-term anchor at 74000
Two cakes: 3080-3120 decisively go short
Target: First look at the 3000-2960 range, if it breaks down then watch for 2800, long-term look towards 2400
#逆势上涨币种推荐 $BTC $ETH