Pal BTC Market Morning Report — 11.4 Daily Chart 1) Downtrend. Current daily resistance: D bearish OB 1095-1115 Daily support: 102-98 main buy wall 2) To break it down, it’s still fluctuating in the 116-1035 range, almost a month now. Our target is around 10, but before that, with the current annoying market makers, you’ve got to view it as a fluctuation. So, keep an eye on the short-term support at 104 and 106. Hourly Chart 1) Mentioned yesterday that there’s buy support at 105, and it pushed up. Last night, there were 3,500 orders at 105, now reduced to 2,500. Based on the data, a converging fluctuation zone was formed at 105-108 last night. There was some short covering here, with small contract buys (supporting the price). However, spot selling is still ongoing, and the trend remains downward. 2) So, watch the H1 bearish OB here and avoid shorting. For market discussions and to join the group, feel free to DM on Telegram: http://t.me/pabuer