Liying in the Crypto Circle: Latest Bitcoin Market Analysis on November 9

Article published on 2025.11.9------00:30

The current price of Bitcoin is 101800. Liying predicts that Bitcoin is in a range-bound pattern in the short term, fluctuating between a strong support level of 98944 and a strong resistance level of 111458. Although the candlestick pattern shows a bullish engulfing signal, indicating potential for a market reversal, the moving average system still presents a bearish arrangement, and momentum is weakening, suggesting that the market trend remains downward.

The daily bullish trend has support at lower levels, but market sentiment remains bearish. The 2-hour candlestick shows a downward trend, with highs gradually decreasing and lows continuously setting new lows. The MACD indicates that bearish strength dominates in the 2-hour timeframe, and the EMA shows significant short-term pressure. However, Liying has reason to believe that the main force is still preparing to stretch downward, especially as the momentum to challenge the previous key support remains. Therefore, Liying suggests opening a short position at 104000, which can be held, while being cautious about opening long positions.

Short-term strategy reference:

Long entry at 100500, stop loss at 100000, stop loss of 500 points, target at 103500.

Short entry at 103500, stop loss at 104000, stop loss of 500 points, target at 101500.

The above content is exclusively created by Liying. Please indicate the source when reprinting! There may be delays in article publication review, and market conditions change rapidly. The above suggestions are for reference only, and risks are borne by the reader. I hope Liying's insights will be helpful to you!

The content of the article is time-sensitive and for reference only; risks are borne by the reader.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。