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Morning thoughts on November 6
BTC continued its upward trend last night, reaching the 104500 level in the early morning before pulling back under pressure. It is currently oscillating within the 103300 range. The short position strategy from last night was executed accurately. From a technical perspective, the hourly chart shows a pullback signal after BTC touched the upper Bollinger Band. The KDJ indicator shows the three lines diverging downwards, and the MACD bullish momentum continues to shrink. This morning, it is recommended to consider a high short layout.
The pancake rebounded around 103900-104900; the target looks towards 102900-101900.
Short near 3450-3480 on the rebound of the second pancake; target looking towards 3340-3300#参与创作者认证计划月领$10,000 $BTC $ETH