#余币宝年化收益破24%# Weekend Market Overview: Is BTC forming a double bottom and ready to rebound?

BTC formed a hammer candlestick this morning. Will it rebound above 11.76 this weekend and start a bullish oscillation? However, both the top and bottom of the daily line are declining and there are three consecutive bearish candles, indicating the market may have further downside potential.
BTC rebounded yesterday after a pullback of 11.48, forming a small W bottom. Currently, it is hovering in the small resistance range of 11.72-11.76; if it breaks through on the right side, go long in the trend, targeting 11.9 and 12, with a stop loss at 11.72; conversely, if there is a false breakout and it falls back, enter a short position, targeting 11.63 and 11.5, with a stop loss at 11.82.
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