November 10 Morning Bitcoin Outlook: The high-level resistance remains firmly in place, and the bears are firmly in control of the rhythm. A rebound is a good opportunity to short!

Bitcoin has tested the 73,000 level multiple times, and the pattern of rising then falling has become recent normal. After another attempt to push higher this morning, it did not stabilize above 73,000. The price is around 72,258. If you held short positions yesterday, you can continue to hold them. A rebound is a good opportunity to add to your short positions.

From the daily chart perspective, the range-bound oscillation trend remains unchanged. Three consecutive days of long upper shadow candles indicate heavy selling pressure above. The bulls are struggling to push higher. Plus, today is Friday, so do not blindly chase longs. We still focus on high-level shorts!

Short at 72,800-73,300, target 70,000.
#BTC