[11.3 Morning Bitcoin Thoughts]

The current trend of Bitcoin is clearly unable to hold up. A bearish candlestick dropped in the morning, short-term sentiment has weakened, and the moving averages on the hourly chart are converging and pressing down, giving shorts opportunities during the rebound.

Short-term pressure is seen around 110200. If it can't hold, then it's a sell. The support below is at 109200, and if it breaks, there is more room.
In operation, the rebound near 109800 can be shorted directly, targeting the 108800 line, with a stop loss placed above 110500.

Remember, the current Bitcoin is a weak rebound structure. Do not participate in the long on the pullback, continue to short all the way down! #参与创作者认证计划月领$10,000 #美联储如期降息25基点 #十月降息预测 $BTC $GT $ETH