2025.11.6《$btc》
Let's review the market. Yesterday, a brief analysis indicated that if the price breaks through the 103500 level, the next key resistance zone is 【104500-105300】. If the price can rebound to this range, then this rebound is strong, and the price basically stops falling. Now, regarding the price rebound, it peaked right at the 104500 level before starting to adjust. The current question is, where will this adjustment go? Will it directly turn into a downtrend? We need to analyze the specific situation.
If we continue with yesterday's reasoning, believing that the current market has stopped falling, then the key support below is in the range 【102100-102400】. Here, it's worthwhile to set proper stop-losses and test long positions. Of course, there is also an unexpected scenario of a direct and effective drop below the 102100 level. If it effectively breaks below, then the price will begin a second bottom test. The target position for this second test will come below 101200, likely in the range 【100000-100500】, which is also the position that the bulls must defend as mentioned in yesterday's analysis. I should briefly mention that if the position the bulls must defend is lost, then the price would return to a continuous downtrend, and we cannot rule out a more aggressive and severe drop leading to another wave of panic selling. However, I see this possibility as low. I am more inclined to believe that in the coming days, there will be a continued rebound, which means relatively low levels of wide fluctuations.
In other words, I think there is value in testing long positions at relatively accurate levels. However, the current short-term market is bearish, so it means to be bold with short positions and cautious with long positions. Long positions should be short-term, not long-term, as there is no necessity for a larger picture.
As for the resistance zone above, it is still the range mentioned in yesterday's analysis, 【104500-105300】. However, to revise it, it changes to the range 【104800-105600】. If the price touches this range again later, can we short? Yes. But it also confirms one thing: the duration and intensity of this rebound will be relatively high, and low longs will be more reliable. #隐私币生态普涨 #加密市场回调 #美联储重启降息步伐

