From a structural analysis perspective, this round of upward movement is more of a passive rebound triggered by the strong squeeze on short positions for two consecutive days: the daily chart is still in the repair process at the lower edge of the descending channel, and the main trend has not reversed; after a rapid increase in volume on the 4-hour level, it quickly entered a consolidation phase, with high-level trading volume continuously shrinking and significant signs of KDJ indicator flattening; on the 15-minute level, a divergence signal has appeared, revealing the risk of short-term pullback.
Overall, Bitcoin is currently in a rebound market under a weak trend, and the upward sentiment has warmed up too quickly, so we should be cautious of the possibility of a pullback after a rise.
Operational suggestion: Around 91000-91600, look down to around 90000-89000, continue to look down if it breaks. #Gate广场圣诞送温暖 #非农数据超预期
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Analysis of the Bitcoin Strategy on November 27
From a structural analysis perspective, this round of upward movement is more of a passive rebound triggered by the strong squeeze on short positions for two consecutive days: the daily chart is still in the repair process at the lower edge of the descending channel, and the main trend has not reversed; after a rapid increase in volume on the 4-hour level, it quickly entered a consolidation phase, with high-level trading volume continuously shrinking and significant signs of KDJ indicator flattening; on the 15-minute level, a divergence signal has appeared, revealing the risk of short-term pullback.
Overall, Bitcoin is currently in a rebound market under a weak trend, and the upward sentiment has warmed up too quickly, so we should be cautious of the possibility of a pullback after a rise.
Operational suggestion: Around 91000-91600, look down to around 90000-89000, continue to look down if it breaks. #Gate广场圣诞送温暖 #非农数据超预期