11.22BTC afternoon market analysis

BTC continued to decline last night, quickly stopping the drop and rebounding after hitting a low of around 80600. In the morning, it rose to a high of around 85600, showing a clear short-term trend of first dropping and then rising. BTC has previously undergone an eight-day downward trend, indicating that the pattern dominated by the market leader has not yet changed, and the market remains consistently in a state of oscillation and consolidation.

According to the current market situation, it presents a weak oscillation and repair pattern. However, the core logic of the market's upward trend has not fundamentally reversed. The medium to long-term downward pattern will still dominate the subsequent market operation rhythm. Although there was a three-day consecutive rebound earlier, the upward momentum continues to be under pressure. During the rebound process, the K-line frequently has long upper shadows, and the suppression effect of resistance levels is particularly significant. Future operations will continue to follow the previous high short strategy.

BTC is around 85000, with a target near 83000.
The price is around 2780-2760, targeting near 2700.