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November 10 Morning Bitcoin Outlook: The high-level resistance remains solid, and the bears firmly control the momentum. A rebound is a good opportunity to short!
Bitcoin repeatedly tested the 73,000 level but failed to break through, with sharp rises followed by declines becoming a recent norm. After another attempt this morning, it did not stabilize above 73,000, and the price fell back to around 71,700. You can continue holding yesterday’s short positions; a rebound is a good time to add to your shorts.
On the daily chart, the range-bound trend remains unchanged, with three consecutive days of long upper shadow candles. The selling pressure above is heavy, and the bulls are struggling to push higher. Plus, today is Friday, so don’t blindly chase longs. We still focus on high-level shorts!
Short between 72,800-73,300, with a target of 68,800#Gate上线Pre-IPOs