Evening trading strategy for November 13th

In the morning, the market continued to engage in low-level speculation, with prices fluctuating in a narrow range of 1025-1035, failing to break through the MA20 resistance. During the rebound, trading volume continued to shrink, completely lagging behind the price rhythm, a typical signal of weak rebounds. Technically, bearish sentiment still prevails: moving averages show a bearish arrangement, prices remain below the MA20, and the MACD death cross has not changed, just a reduction in green bars. The KDJ golden cross did not drive a trend reversal, at most a weak short-term rebound. The funding situation is more direct, with a net outflow of 1.23 billion in contracts over 24 hours, and spot trading is also running out, revealing a clear bearish sentiment among large investors.

Short selling points: If there is a rebound to the pressure zone of 105-1056, any signs of long upper shadows or the MACD turning can be an entry point; if it directly breaks below the lower Bollinger Band at 1008 with increased volume, one can also follow the trend to short.

Stop loss: 1065, providing sufficient volatility buffer.

Target: First look at 1008, and after breaking, then look at 99.

In the short term, without breaking the 1056 resistance, the oscillating bearish pattern is hard to change; rebounds are just shorting windows, don't blindly catch the bottom～#代币化热潮 $BTC