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11.17btc idea



Bitcoin's weekly K-line has three consecutive bearish candles breaking below the lower track. The MACD remains bearish and the KDJ is descending with a death cross. 100,000 has been broken, and this week we aim to hold 90,000. The monthly K-line's middle track at 88,000 will be the first level to see if it can stop the decline.

The daily K-line three tracks are trending downwards, while the 4-hour/hour chart is showing an oversold rebound. The main strategy for intraday trading remains to short.

Operational Recommendations:

The pressure is at the upper track of the hourly chart 95200 → the middle track of the 4-hour chart 96200 → strong resistance 98800
Looking down at 93200→91500→89500

#Gate10月透明度报告出炉 #CoinDesk10月Gate战绩来袭 #美国结束政府停摆
ETH0.53%
BTC-0.45%
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