11.5midday thoughts



The price of Bitcoin is like an eggplant hit by frost, weakly declining along the lower track of the Bollinger Bands, revealing a clear downward trend. Looking at the previous rebounds, the rhythm is sluggish like an old cow pulling a cart, and the upward momentum is as lacking as a dry well, making it fundamentally incapable of reversing the downward trend. The short-term weakness has become a foregone conclusion, and there is little hope for a turnaround.

Big pie: hovering around 102500-101800, target 100800, 100000, continue to look down if it breaks below 99000.
Auntie: Ranging around 3380-3330, target around 3280-3200. If it breaks below 3200, continue to look down at #BTC日内以太 .
BTC-1.22%
ETH-2.48%
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