After effectively finding support at the 88600 level, BTC has experienced a clean and sharp "inverse V-shaped" rebound. Although there seem to be signs of a bottoming out and warming up, from a broader trend perspective, the overall market is still operating within a bearish range, with key resistance above remaining heavy. This current wave of increase is more inclined towards a technical oversold rebound and repair, rather than a genuine trend reversal.
Before the main trend is effectively reversed, it is recommended to focus on shorting rebounds in morning operations.
Operation Suggestions:
· Range: Around 93400 - 94000 · Direction: South · Target: Watch 92000 and 91000 in sequence. If there is a strong break below, further watch the 90000 level. #逆势上涨币种推荐
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PTDpro28
· 11-20 02:09
USDT.D Update
Despite the market sentiment bottoming out, the USDT.D index is still testing the downward resistance line on the weekly frame.
The last time USDT.D reached 6% was during the bottoming phase influenced by the trade war.
📌 Currently, although sentiment has clearly worsened, this index has not yet broken down the long term resistance, indicating that there are no clear reversal signals from the cash flow.
[BTC Morning Market Analysis]
After effectively finding support at the 88600 level, BTC has experienced a clean and sharp "inverse V-shaped" rebound. Although there seem to be signs of a bottoming out and warming up, from a broader trend perspective, the overall market is still operating within a bearish range, with key resistance above remaining heavy. This current wave of increase is more inclined towards a technical oversold rebound and repair, rather than a genuine trend reversal.
Before the main trend is effectively reversed, it is recommended to focus on shorting rebounds in morning operations.
Operation Suggestions:
· Range: Around 93400 - 94000
· Direction: South
· Target: Watch 92000 and 91000 in sequence. If there is a strong break below, further watch the 90000 level. #逆势上涨币种推荐