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11.13 Morning Market Analysis
Daily Chart Level: Bitcoin surged to 105300 but failed to break through, remaining below the previous high of 106000 resistance. MACD shows divergence above the zero line, with narrowing red bars, indicating weakening upward momentum. In the early hours, it broke below the key support at 102000. Short-term moving averages have turned downward, forming a bearish alignment, suggesting a weak trend adjustment. RSI has fallen from the high of 70 to below 50, indicating a retreat in bullish momentum. KDJ has formed a death cross at high levels and is approaching the critical 30 level, leaving room for further decline in the short term. Caution is advised for potential oversold rebounds.
Trading Suggestions: Short Bitcoin at 102200-102700 with targets of 100200-100700; Short Ethereum at 3440-3460 with targets of 3300-3200. Prioritize short positions at higher levels in the morning. #广场发币瓜分千U奖池 #XRP现货ETF将上线