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The recent fluctuations in the Bitcoin market have attracted attention. From a technical perspective, if BTC fails to recover the 10.45 level, the rebound momentum may be difficult to form. The daily chart pattern is not favorable, and it is recommended that investors approach the left-side rebound operation on November 2 with caution.
Market observations indicate that only a solid support around 11.05 can lay the foundation for a short-term rebound. However, if this key level is breached, market sentiment may weaken further.
Several important price levels worth following include 10.85, 10.5, 10.15, and 9.85. These levels may become key nodes for future market fluctuations, and investors should closely monitor the performance of these price points.
Overall, the current BTC market is still in an uncertain state. Investors need to remain vigilant and closely follow market trends and changes in key price levels in order to adjust their investment strategies in a timely manner. Before making any trading decisions, it is recommended to conduct a comprehensive analysis that considers multiple factors to reduce investment risks.