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11.18 BTC Evening Strategy
$BTC This rebound is visibly lacking in sustain and strength; it just started to gain momentum before it fizzled out, followed immediately by a bearish candle crashing down, with short selling volume increasingly intensifying, completely sealing the weak market structure.
The current rebound is just a struggle of "a strong bow at its end", which cannot change the main tone of the decline, nor can it take away the narrative power of the bears. The probability of further downward pressure is basically maxed out. The rebound is just a "flash in the pan", as the weak market has already been locked down by the bears.
Around 91800-92300, target 90000, 89000