Bitcoin market analysis on 10.11:

1. Bitcoin fell heavily this morning and fell below the key point of 27123 that I have been emphasizing to everyone. Although it is a short signal from a technical point of view, my point of view is that it cannot be bearish without thinking, because from a time point of view , including the technical indicators, there is nothing particularly wrong. The market is a bit complicated, and the recent trend is a bit complicated. Simply saying that it is bullish or bearish is irresponsible to you.

2. In the short term, Bitcoin is still going to fall, but I don’t think it will fall sharply. I have been thinking about whether to go short just now, and I decided not to go short. I have said that I don’t think it will fall sharply, but I want to go short. Risk-return is not proportional.

3. Since Bitcoin has fallen below the important mark of 27123, and it has fallen in heavy volume, there is a 70% probability that the target of 29000 mentioned before will not be reached in the market outlook. There is a 60% probability that the market outlook will rebound again, and if it is stronger, it may go The previous high was 28600, but there is an 80% probability that it will not break this point. If it goes weaker, it will rebound to 28,000 which would be good.

4. Because the current market trend of Bitcoin is complicated, some things require real-time follow-up views. I will also follow up in real time.