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11.12 Early Morning Market Analysis



Bitcoin price broke below the mid-line support, shifting from a strong upward trend to a volatile correction. Observing the MACD indicator, a death cross has formed, with the histogram turning from positive to negative, indicating a clear short-term correction signal. The buying momentum is weakening, and the market structure is undergoing a profound change. It is recommended to focus on rebounds for trading.

Bitcoin: Short at 103,500-104,500, target 100,000-101,000
Altcoin: Short at 3,500-3,560, target 3,300-3,380
BTC-2.54%
ETH-4%
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