Mu Feng's Trend Analysis: The market experienced short-term fluctuations and a decline on November 12th, in line with previous expectations. How should we position ourselves for the market in the early morning?

Mu Feng's Trend Analysis: 11.12 Short-term oscillation and decline, in line with previous expectations. How to position for the market in the early morning? The strategy for the early morning is basically the same as during the day, with little change in technical aspects. The Bollinger Bands are currently continuing to oscillate and decline overall. Looking at the 12-hour chart, the KDJ and MACD are currently in a slight bearish resonance and declining. The three-day moving averages on the main chart are significantly downward pressure, and the MA30 is currently accelerating its downward turn. Moreover, the main price is being suppressed by the MA5 moving average. The 4-hour chart is currently in the TD indicator repair phase, so there may be a slight rebound in the future. However, the strength is not expected to be too strong, after all, the MA30 is still providing resistance. Therefore, any short-term rebound will be an opportunity for our short-selling strategy. Therefore, the recommended short-term trading strategy for the early morning is still to short in batches on any rebound (primarily shorting at higher levels). Specific entry points are as follows: BTC: Short at 104000-104500, target 102500-102000; ETH: Short around 3500-3530, target 3430-3400. The above are my personal trading suggestions for the early morning. Market conditions change rapidly, and this article has a certain lag. Specific operations should be based on real-time guidance in the trading room. If you have any questions, please feel free to contact me.