11.13 A Chen’s Public BTC Outlook
【Short Trade Idea】$BTC
Entry range: around 720–725
Stop-loss: 730
Take-profit tiers
First target: 713
Second target: below 706
Third target: below 696
【Market Analysis】: The current price of 70900.2 has fallen below the lower Bollinger Band. The Bollinger Bands continue to widen downward, with strong selling pressure. The market is oversold, and the death cross at the zero line continues to widen, with no signs of a rebound. A look at market depth shows that net inflows over 4H favor bears.
【Trading Recommendation】: The market is steadily declining, and there is no visible bottom at present. Long positions are not recommended. More aggressive traders can open a short at the current price.
【Long Trade Idea】
Entry price: 696
Stop-loss: 686
Take-profit tiers
First target: 706
Second target: 716
#黄仁勋辞职
#Gate直通IPO第三期Anthropic
#ZEC跌破1000美元
【Short Trade Idea】$BTC
Entry range: around 720–725
Stop-loss: 730
Take-profit tiers
First target: 713
Second target: below 706
Third target: below 696
【Market Analysis】: The current price of 70900.2 has fallen below the lower Bollinger Band. The Bollinger Bands continue to widen downward, with strong selling pressure. The market is oversold, and the death cross at the zero line continues to widen, with no signs of a rebound. A look at market depth shows that net inflows over 4H favor bears.
【Trading Recommendation】: The market is steadily declining, and there is no visible bottom at present. Long positions are not recommended. More aggressive traders can open a short at the current price.
【Long Trade Idea】
Entry price: 696
Stop-loss: 686
Take-profit tiers
First target: 706
Second target: 716
#黄仁勋辞职
#Gate直通IPO第三期Anthropic
#ZEC跌破1000美元












