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11.9
Early Morning Thoughts
Weekend market trend will still continue to decline, short-term range is still 98,500-104,200! If Bitcoin doesn't break through 104,200, then we still need to watch for consolidation!
After breaking below 100,000 yesterday, it bottomed out and rebounded, reaching 104,200, then quickly retraced to 101,500, indicating that the rebound is just a consolidation phase.
Bitcoin: Consolidation around 102,400-103,000, with a downside target of 100,600-99,500. If it breaks below, look for 98,000; if it doesn't break, then it could rebound to 104,000.
Altcoin: Consolidation around 3,440-3,470, with a downside target of 3,280-3,200.
#加密市场回调 $BTC $ETH