11.3 Afternoon BTC Private Deer Analysis #巨鲸加仓2.5亿美元BTC

The 1-hour K-line has broken the support level of 107500, but the downward trend is slowing down. The KDJ line has entered the oversold area, indicating that the KDJ indicator has entered the oversold zone. This core suggests that the market's downward momentum is likely to weaken in the short term, and the forces of bulls and bears may welcome a turning point, presenting a rebound opportunity.
The MACD shows a death cross at the 0 axis on the 4-hour chart, and the KDJ line is clearly in a downward trend. Therefore, Shuyi suggests waiting for a pullback in the afternoon to choose the right time to go long; those with a large position and a more aggressive approach can go long directly. (Make sure to set a stop loss.)

Operation: around 108200-107800
Target: 106800, 105800