Friday: Bearish signals arrive, pullback expected to continue

The daytime trading has maintained a volatile trend, with highs failing to effectively break through. The evening trading adjustment thought process is also timely, giving us the space to reverse. After ten trades, we took a long position to secure a profit and captured a 1200-point space.

From a technical perspective, the short cycle high-level consolidation has not stabilized and is showing a dive downwards. The volume has shifted from bullish to bearish, showing a release state. The moving averages are consistently turning downward, indicating a turning point in rhythm, and the bears have further downward demands.

In the short term, the price at high levels has not stabilized and has shown a breakdown. The bearish volume has formed a secondary entity release, demonstrating strong performance. The moving averages have pierced through the horizontal line, and the support breakthrough has achieved a continued trend reversal effect.

In the evening trading thought process, we maintain our stance on high short positions:

In terms of operation, I personally suggest shorting in the 108800-109300 area, watching 107800-106800$BTC #比特币突破11万美元 .