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11.9
Midday Thoughts
Currently, the MACD indicator's DIF line has crossed below the DEA line, forming a death cross, and the gap continues to widen. The negative histogram bars are lengthening, indicating that bearish momentum is rapidly strengthening. The market is under strong bearish control, suggesting a good opportunity to consider entering positions.
Bitcoin: around 102,500-103,200, with a downside target of 101,000-99,500
Ethereum: around 3,440-3,480, with a downside target of 3,320-3,260