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11.9 Midday Thoughts
Currently, the MACD indicator's DIF line has crossed below the DEA line, forming a death cross, and the gap continues to widen. The negative histogram bars are lengthening, indicating that bearish momentum is rapidly strengthening. The market is under strong bearish control, suggesting a potential entry point for a short position. Bitcoin: 102500-103000 range for shorting, watch 100500 for support; ETH: 3440-3480 range for shorting, watch 3300.