11.27 Bitcoin Market Analysis Reference

Bitcoin is under pressure and entering a consolidation phase during the day, with prices rebounding near the 86600 level in the evening. The current trend is running near the 90,000 mark, with short-term long positions gradually recovering. On the daily chart, a double bottom structure has recently formed, with the lows at 80600 on November 21 and 85272 on November 24. Subsequently, the market broke through the neck line at 88500 and accelerated upward to 90418. On the four-hour chart, there were three consecutive higher trade volumes bullish lines (from 01:00 to 04:00 on the 26th), but the latest candlestick closed with a long upper wick at the 90000 integer level, indicating short-term selling pressure. In terms of technical indicators, the daily MACD's DIF and DEA have achieved a golden cross below the zero axis, currently at -5242 and -5180, and the histogram has turned positive; the four-hour MACD fast and slow lines have broken through the zero axis and continue to rise, with values of 565 and 218. In the moving average system, the price is currently holding above the daily EMA7 (88692) but is still under the pressure of EMA30 (96901); on the four-hour level, EMA7 (89106) has crossed above EMA30 (87925). Moving forward, it is still important to focus on the stabilization of the 90,000 line. If stabilized, the price is expected to continue upward; otherwise, it will return to consolidation. In terms of operations, it is recommended to lightly short on rebounds. 11.27 Bitcoin short-term trading strategy reference: short at testing points 90500-91500, with a stop loss at 93500, target: below 99000. Long at testing points 86300-87300, stop loss at 500, defend at 84000, target: above 88300. #Gate广场圣诞送温暖 $GT $BTC $ETH #非农数据超预期 #反弹币种推荐 .