$BTC 11.13 Thursday morning Bitcoin and Ethereum latest market analysis and operational suggestions:
The market is always fluctuating, and human nature swings between greed and fear. Those who can control their emotions can manage their positions; those who can stay true to themselves can weather the bulls and bears. Looking back at the early morning, after experiencing a surge and pullback, Bitcoin entered the 102100-100700 fluctuation range, while Ethereum maintained a narrow range of 3455-3370. On Wednesday, Qianyu provided high short ideas throughout the day, and during the day, taught students to short Bitcoin twice and go long once, achieving over 5500 points of space, while Ethereum also captured over 270 points of space!
From the market structure perspective, the four-hour line is nearing the lower Bollinger Band, and although it has temporarily gained weak support, the overall downward trend on the daily level remains unchanged, raising doubts about the effectiveness of this support, which is more likely a temporary stabilization before a weak short-term rebound. The slight adjustment in the short term is not a technical correction but a continuation and confirmation of the downward trend, further affirming the market logic dominated by bears. In terms of operations, it is recommended to prioritize short positions at weak rebound nodes in the morning, in line with the daily downtrend, while remaining alert to the risk of accelerated pullback after breaking support levels. In the morning, Qianyu maintains the idea of going high.
Thursday morning thoughts:
Bitcoin: Short near 102500, target 100000.
Ethereum: Short near 3450, target 3300.
