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On the night of November 24 to early morning, let's take a look at the trends of #比特币波动性 and $BTC .



Bitcoin has rebounded from the lows, and there are some insights to be gained from the 4-hour chart. The price is currently around 88000, just at the upper Bollinger Band at 88624.8. The issue is that there are a lot of trapped positions left from the previous drop between 88000 and 89000, making it easy for it to be sold off when it rebounds to this level.

From the perspective of the Bollinger Bands, it is easy to reverse when hitting the upper band, and the downward trend throughout November has not been completely reversed. This round of rebound has not been able to break through the upper edge of the channel, and the logic for shorting still exists.

How to operate? My idea is:
Consider entering a short position for Bitcoin in the range of 87000-87500, first looking to see if it can return to 85000. If the downward trend continues, keep an eye on 84000.

For Ethereum, 2830-2860 is a good short point, with the first level at 2700. If it breaks, continue to wait for 2640.
BTC2.93%
ETH1.36%
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DeFiVeteranvip
· 4h ago
The 88,000 level is a bit tricky; the trapped positions really are a double-edged sword. You still need to be cautious with short positions, after all, this rebound isn't completely without logic. Let's wait and see if it can hold above 87,500; otherwise, we'll go with what you suggested.
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ApeEscapeArtistvip
· 4h ago
The 88,000 level is indeed easy to get hammered at—there’s too much overhead supply. I agree with the short position strategy; entering at 87,000 is a bit safer.
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FarmToRichesvip
· 5h ago
The 88,000 resistance level is really tough, there are too many trapped positions. If it rebounds to this point, it's likely to get hammered.
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