Li Ying in the Crypto Circle: Latest Bitcoin Market Analysis on November 6
Article Published on 2025.11.6------01:00
The current price of Bitcoin is 103,700. Li Ying assesses a clear downward trend for Bitcoin, with technical signals indicating that bearish forces are dominant. The "Evening Star" pattern, along with the increased trading volume, confirms the strength of selling pressure. The bearish arrangement of the moving average system and the death cross further solidify the bearish technical backdrop. Although the short-term moving average slope is upward, indicating enhanced rebound momentum, the price is approaching a strong resistance level of 103,579.
Therefore, Li Ying believes that the rebound space is limited. The daily line quickly rebounded from the previous trading day's low of 98,966, showing strong bullishness. The 2-hour candlestick chart has been rising continuously, but there is slight fluctuation at high levels, and the MACD 2-hour momentum is weakening, necessitating attention to the risk of a pullback. The EMA 2-hour short-term moving average shows a golden cross signal, indicating strong support. It is normal for a short-term rebound to occur, and Li Ying's strategy suggests looking for a position to short after a rise, prioritizing risk control and safety.
Short-term Strategy Reference:
- Long Entry at 100,000, Stop Loss at 98,500, Stop Loss of 500 points, Target at 104,500
- Short Entry at 104,500, Stop Loss at 106,000, Stop Loss of 500 points, Target at 102,000
The above content is exclusively original by Li Ying. Please indicate the source when reprinting! The article's publication review has a delay, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the reader. I hope Li Ying's insights will be helpful to you!
The content of the article is time-sensitive and for reference only; risks are borne by the reader.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
