#6 BTC全民空投限时派送中# Weekend morning market overview: BTC daily chart has 5 consecutive bearish candles, will there be a rebound this weekend or will it continue to oscillate downward?

BTC opened the day with a large bearish candle with upper and lower shadows, starting a 5-day streak of downward movements on the daily chart, with both high and low points decreasing; it is more appropriate to short on rallies.
BTC has pulled back nearly 6000 points in the past few days, temporarily finding support around 11.3; the market shows a bullish descending wedge pattern, with BTC touching the lower trend line, breaking below, and then recovering to form a brief rebound.
11.4 is the level line where support and resistance switch positions. Wait for a breakthrough and stabilization above 11.4 on the right side before entering long positions, with a stop loss at 11.3 and targets at 11.5 and 11.56. Conversely, if it breaks 11.4 and then falls back, short positions can be taken following the trend, with a stop loss at 11.5 and targets at 11.3 and 11.2. Meanwhile, if the trend line at 11.3 is broken without a pullback, short positions can be taken following the trend, with a stop loss at 11.4 and targets at 11.2 and 11.08.
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