#BTC 11.12 Morning Bitcoin and Ethereum market analysis and trading suggestions

From the current market structure, the market is conveying undeniable bearish signals. Although the daily level is still within the recent consolidation range, the bullish momentum has shown signs of fatigue—after the MACD indicator formed a death cross at a high level, the green bars continue to expand, indicating that the adjustment momentum is still accumulating; although the KDJ indicator is close to the oversold area, if the technical correction lacks volume support, it may instead form a bearish continuation. Pay attention to the trends discussed by Gongzhong and Shengdong.

The linkage and oscillation between Bitcoin and Ether essentially reflect a high-level stagnation, where each surge faces resolute selling pressure, indicating an intensifying divergence in the market regarding the current price levels. Particularly concerning is the gradual decline in rebound highs, with key resistance levels continually under pressure, suggesting that bullish confidence is waning. If BTC cannot effectively hold above the critical watershed of 103500, or if ETH remains constrained by the pressure zone of 3500, the existing fragile balance will be disrupted.

In the morning, you can short Bitcoin around 103500, aiming for 102000.
In the morning, Ether can short near 3450, targeting 33600 #CoinDesk11月报告Gate战绩来袭 .