*November 11 BTC Market Analysis:*

Last Week Review:

Last Thursday, BTC experienced a surge, reaching a maximum increase of over $76,800. We informed everyone that from a technical perspective, due to the significant increase over the past two days, there is a need for short-term consolidation. The following two days were mainly characterized by fluctuations, with operations focused on high selling and low buying.

From Friday to Saturday, BTC maintained high-level fluctuations. After the consolidation, yesterday it launched another attack, reaching a high of $81,800. From a short-term perspective, there are signs of divergence at the minute and hourly levels, indicating a need for a short-term pullback. As long as the pullback does not break the support around $76,000, we continue to look bullish. If it breaks below the $76,000 support, we will look down towards the $73,000 area. In terms of operations, today we focus mainly on short positions at high levels.

Upper resistance level: around $81,800

Lower support level: around $76,000