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11.12 Bitcoin Evening Strategy
$BTC Hourly level indicates a bottom signal, with the price testing the lower end of the range three times and stabilizing. During the retracement, volume diminishes, showing a divergence between price and volume. The Bollinger Bands are narrowing, and the KDJ indicator is oversold with a golden cross. Multiple signals reinforce the expectation of a short-term rebound.
Attention should be paid to the market's lack of liquidity. Evening trading should focus on high sell and low buy strategies, capturing range fluctuations. Avoid blindly chasing gains or panic selling.
Operational suggestion: Short near 105,300-105,800, target around 104,000 and 102,000.