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#Strategy扩大比特币持仓 【11.12 Bitcoin Market Observation】



Recently, I've been watching the 4-hour chart, and the 104,500 level is quite critical. If the price can stay steadily above it, there is still hope for a rally towards the daily OB zone around 108,200 for a short-term push; but if it keeps hovering below, 98,888 might be broken again.

Specifically, above the 108,200 level, the daily OB zone presents a good short-entry point if a rebound occurs. Looking downward, 98,115 is a daily support level; the closer it gets, the stronger the buying interest theoretically is. Below that, there's a whole support area holding the price, and the rebound energy could gradually build up from there.

Currently, both the daily and weekly timeframes show resistance levels. I personally think it’s more reasonable to focus on short-term long positions to catch rebounds. For the longer term, considering short positions might also be a good idea. In this kind of market rhythm, staying flexible is always beneficial.
BTC-0.73%
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FromMinerToFarmervip
· 11-15 05:22
A short position is the correct way to look at the high point.
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SchroedingerMinervip
· 11-15 03:15
The situation is unclear with pullbacks.
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MercilessHalalvip
· 11-15 02:22
Wait for a breakout before taking action.
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GasFeeVictimvip
· 11-12 06:41
It's better to buy the dip and get some clothes.
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tx_or_didn't_happenvip
· 11-12 06:40
Steady and steady is the most important.
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ImpermanentTherapistvip
· 11-12 06:38
Breakout is an opportunity
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YieldWhisperervip
· 11-12 06:33
Stay flexible, follow the trend
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OnChainDetectivevip
· 11-12 06:32
Shorting in the bearish zone is prudent
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rekt_but_not_brokevip
· 11-12 06:21
Close long positions and take profits as soon as possible.
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