11.4 Bitcoin Auntie Daily Trend Analysis

Let's first review yesterday. We shorted BTC above 110,000 yesterday, with the lowest reaching 105,300, a 5,000-point move. Auntie ETH was shorted at 3,900, with the lowest at 3,650, also about 200 points of room!

The daily chart's highest was 110,700, and the lowest was 105,300. Currently, the daily chart shows a bottoming out, with MACD decreasing in size and continuing downward. The DIF and DEA lines form a death cross below the zero line, which is effective. The bottom divergence pattern is also valid. Overall, the trend remains short.

The four-hour chart has formed a yin-yang exchange candlestick pattern and has already risen back above 106,800. In the short term, a pullback is needed. The market cannot move in a single direction forever. MACD is shrinking downward, and DIF and DEA are continuing to spread downward. After the candlestick broke below the lower Bollinger Band at 106,700, it has now returned inside the channel. Resistance levels to watch are 109,500 and 108,800.

Trading Suggestions:
BTC: Short within the 108,500–109,500 range, targeting 107,000–106,000. If broken, continue downward.
ETH: Short within the 3,700–3,750 range, targeting 3,650–3,500.