On the early morning of November 12, I checked the trend of #Strategy加仓比特币 , and to be honest, it doesn't look very good.

The volume on the hourly chart is cooperating with the downward pressure, and the short-term support has not held. At this position, it's still early to say if it's stabilizing. We need to closely watch two things: one is whether the lower support can hold, and the other is whether a rebound will be pushed back down again.

My thought is this: if $ETH retraces to the range of 3420-3440, we can consider buying some. First, let's see if it can bounce back to 3520, which is the first target. If it really breaks through 3520, then there will also be a chance to try 3580-3600.

Of course, the interaction between $ETH and $BTC should also be noted, as it is difficult for a single coin to strengthen independently if the overall market does not cooperate.