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11.17 Afternoon BTC Analysis
Talk about today's thoughts!
First, let's review the historical trends. Last week, the highest point was around 107500, and it started to drop, reaching a low of around 93000, a total drop of 14500 points! It is clear that this is a volatile downward market. Without significant spikes, the overall direction remains 🈳, but we cannot ignore the rebounds within it!
So today the short-term resistance is around 96500, with a fluctuation of 200 points to consider. The market attempted to break through twice over the weekend but could not stabilize. Now we can only wait for the US stock market to open to see whether it continues to decline or breaks upward!
The short-term support below is still referenced around 92000, with a fluctuation of 200 points worth considering. This is the daily gap position I mentioned earlier, and the recent low points are all about a 1000-point drop!
Personal opinion for everyone's reference!
#逆势上涨币种推荐 #比特币行情观察 #当前行情抄底还是观望？ $BTC $ETH $GUSD