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$BTC 11.17 Evening BTC Strategy Analysis
The current price of 95370 shows a slight rebound, appearing to touch the upper Bollinger Band on the hourly chart, but the reality of it being stuck at the middle band on the 4-hour chart with a net outflow of 650 million in funds has already shattered the illusion of a rebound having space. Last week, there was an outflow of 2 billion in funds and an increase in short positions, making this weak rebound essentially a bait for retail investors from the bears.
Trading suggestion: Short around 95800-96500, target: 95000, 94500
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