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On the morning of the 11.5, BTC and ETH thoughts
A new round of flood discharge was initiated again in the early morning, and market sentiment remains low. The bullish camp has encountered a complete "dimensionality reduction strike." Bitcoin once fell below the 100,000 mark, and Ethereum almost failed to hold the 3,000 mark, with panic sentiment spreading rapidly.
From the market structure perspective, the rhythm remains extremely weak. Although there are occasional rebound actions, the overall weak trend has not changed. On the daily chart, a large bearish candle pierces through the lower track, and a strong bearish candle completely solidifies the dominance of the bears; on the 4-hour level, continuous bearish pressure is evident, with bearish momentum continuing to be released, showcasing strong dominance. There are currently no effective rebound signals in the short term, and the trend has a very high continuity. Day trading should still focus on a high-short strategy, cautiously avoiding bull traps.
Personal suggestion
BTC: Enter the range of 101500-102100, targeting a drop to 100000-98000 and if it breaks, watch for 96000.
ETH: Enter the range 3280-3300, target down to 3050, if it breaks below, look at 2800!
$BTC $ETH $XRP
#十二月降息预测 #ASTER宣布销毁50%回购代币 #XRP今日交易价格如何?