#加密领域市场回调 11-8 BTC Afternoon Observation: The weekend market needs to respond calmly.

Good afternoon, traders. The weekend is upon us again, and yesterday's rebound led to the liquidation of many bullish accounts. According to Hyperliquid data, the top trader was forcibly liquidated at the 103500 position and adjusted their strategy overnight, moving the liquidation price to 104200. If the price continues to rise, more long positions are expected to enter.

Current technical analysis shows that 102000 is a key lifeline. In the 4-hour cycle, as long as the price holds this level, the rebound pattern will not be broken. The MACD indicator is approaching the green zone, and the RSI shows a northward trend, indicating that the bullish momentum has not yet weakened.

Resistance levels need to be observed in layers: the first key level is at 104070, and only after breaking through can we test the range of 104858 to 105774. However, considering that trading volume usually shrinks over the weekend, the risk of liquidity traps is relatively high, and it is unwise to blindly chase after price increases. If it effectively breaks below 102000, the support zone is locked in the range of 100484-99500, where 99500 serves as the bottom of the consolidation. If this level can be held, a short-term rebound may still occur.

Strategy Suggestion: Avoid using high leverage during the weekend. Consider going long at lower levels near 101500. The range of 104000-104500 is suitable for laying out short positions. Be sure to set a wider stop loss to prevent liquidity hunting. $BTC $ZEC $MMT