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11.10 Big Auntie Midnight Review Strategy
Within the 1-hour cycle, the K-line reached a high point of 104180 and encountered obvious resistance, then showed a rebound followed by a pullback. Trading volume increased simultaneously, but the price failed to continue upward, reflecting strong selling pressure above. In the short term, if it cannot stabilize above the 103800 level, the market is likely to face a second retest risk.
In summary, the current rebound momentum is insufficient, and the original trend has not changed, showing an overall "rising on dips" operational rhythm. The bulls lack sustained upward strength, and bears still dominate the market direction. Short-term trading should focus on high short positions, avoiding blindly chasing long positions.
Personal trading suggestions
Bitcoin: Short positions can be arranged in the 104000-104800 range, with targets first at 101800-100600. If it breaks below, further downside targets are 97600!
Auntie: Short positions can be entered in the 3350-3580 range, with targets at 3430-3350. If it breaks below, it can extend to 3050!
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