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11.11 Evening Analysis


Bitcoin traded within a narrow range around the 105250 level tonight, with volatility continuing to contract. Currently, it is below the middle band of the Bollinger Bands, indicating a generally weak oscillation pattern from a technical perspective.
Operationally, it is recommended to prioritize the core strategy of "shorting on rallies," relying on the middle band and key resistance levels above for entry opportunities. At the same time, manage positions carefully and set stop-losses prudently, avoiding chasing highs.

Bitcoin (BTC): Short near 105000-106000
Target: 102000-104000

Ether (ETH): Short near 3600-3700
Target: 3300-3500
BTC-3.03%
ETH-1.3%
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