To be honest, last night's surge felt a bit unreal. The price shot up near the middle band of the Bollinger Bands, but then it stalled, showing no signs of a breakout.
Looking at the hourly chart, there have been three consecutive bearish candles, and the technical correction is already quite evident. At this position, the initiative is still in the hands of the bears, and there are no signs of a trend reversal. In the short term, this downward pattern is likely to continue for a while.
My thought on the operation is: wait for a rebound to the range of 93000-93500, and then consider positioning short orders, with a target looking towards the 91000-90000 level. Of course, proper risk control is a prerequisite.
The market is like this; sometimes the apparent strength reveals inner weakness. $BTC $ETH $BNB
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ContractBugHunter
· 11-19 03:20
Last night's rebound was purely a bull trap, I said long ago that this broken position is very weak.
I have to wait for a pullback before I dare to act, it's so annoying.
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AirdropCollector
· 11-19 03:17
A feint, this rebound is really just a scheme to deceive investors.
Another wave of seemingly strong but actually weak rebound, I believe you, not at all.
The short order in the 93000-93500 range is real, proper risk control is the way to go.
Surface strength exposes internal weakness, that's absolutely right, there are too many market actors.
Can't even see that the bears are in control with three bearish lines? This industry really needs a lesson.
Waiting for the short order opportunity at 93500, no rush.
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MetaverseHermit
· 11-19 03:09
It's虚, indeed虚. Rebound and then dump, this wave of short positions has to continue running.
Rebound dumping, I see 93500 is coming, get ready to short.
The Bollinger Bands are deceiving again, I won't believe this time.
To be honest, I also saw the虚 last night, so I didn't follow. Now waiting to short at 93000, stop loss set at 93800.
Continuous decline, the bears still hold the cards, this position is a bit dangerous.
#美股2026展望 11.19 Bitcoin Morning Market Observation
To be honest, last night's surge felt a bit unreal. The price shot up near the middle band of the Bollinger Bands, but then it stalled, showing no signs of a breakout.
Looking at the hourly chart, there have been three consecutive bearish candles, and the technical correction is already quite evident. At this position, the initiative is still in the hands of the bears, and there are no signs of a trend reversal. In the short term, this downward pattern is likely to continue for a while.
My thought on the operation is: wait for a rebound to the range of 93000-93500, and then consider positioning short orders, with a target looking towards the 91000-90000 level. Of course, proper risk control is a prerequisite.
The market is like this; sometimes the apparent strength reveals inner weakness. $BTC $ETH $BNB