#加密货币市场动态 11.13 CPI data has missed the mark, and market panic is spreading. I didn't catch the ideal short order entry opportunity during last night's pullback, but the low-position long order was accurately lying in ambush. During the day, I reminded to take profit at the two positions of 104000 and 3550, and friends who followed the operation should have made money.

Look at the daily chart, this trend is really a bit disappointing. Three consecutive bearish candles, with each upper shadow getting longer, clearly indicating heavy pressure above. Both MACD and KDJ indicators are continuously expanding downwards below the zero axis, and the moving average system and Bollinger Bands are overall showing a bearish divergence state. More critically, the highs are continuously moving lower—this formation clearly indicates a rhythm of oscillating downwards. Currently, the resistance area above is locked in the range of 104000 to 103500. Any rebound that cannot break through this range should continue to look bearish. For support below, we still need to keep an eye on the line of 99000-98000.

Looking at the 4-hour cycle again. After the update in the early morning, the price is hovering above the lower Bollinger Band, with all indicators pointing to a continuation of the bearish trend. Combined with the volatility characteristics of the 1-hour chart, it currently seems more like a transitional phase after a slight range fluctuation before continuing to pull back. Therefore, during this period from tonight to the early morning, the main strategy is to short on rebounds, with low-level long orders as supplementary support.

$BTC Operation reference:
Gradually lay out short orders in the range of 102500-103500, targeting 101500-99000, with a stop loss set 500 points above the entry price to protect the principal. If it really drops to around 99000-98000, consider lightly trying long.

$ETH The short-term trend basically synchronizes with Bitcoin. The upper pressure is between 3480-3570, and the lower support is between 3205-3055. The strategy is consistent - mainly short on rebounds, with long as a supplement during deep declines.

Ethereum operation reference:
Short order at 3450-3490, target 3380-3250, take profit at 3520. If it drops to 3250-3280, you can try to get on board.

The current levels are expected to be sufficient; any new changes in the market will be followed up and updated.