11.9 Afternoon Thoughts

From the current market perspective, the MACD indicator's DIF line has crossed below the DEA line forming a dead cross, and the gap continues to widen. The negative histogram is continuously elongating, indicating that bearish momentum is rapidly increasing, and the market is under strong bearish control, making it a good time to strategically enter the market.

Bitcoin: Around 102500-103200, looking down to 101000-99500$BTC

BTCUSDT

Perp

92,496.6

+2.76%