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On the evening of November 27, BTC's daily chart showed a strong breakout pattern, with a bullish line rising above the 90,000 mark in one move, and the opening continued to test upward momentum. From a technical perspective, the daily Bollinger Bands are moving downward and showing signs of contraction, with the short-term moving averages turning upward simultaneously; the MACD fast and slow lines form a golden cross and move upward, with red volume bars continuing to increase, and the KDJ golden cross extending upward, requiring close attention to the resistance near the 100 level; the VR indicator is consolidating around the 50 level, and the trading volume has not yet fully exploded.



On the four-hour chart, after gaining support at the lower band, the market rebounded with consecutive bullish lines, successfully breaking through the upper band resistance. The Bollinger Bands are in an opening state, and the short-term moving averages have collectively turned upwards; the MACD fast and slow lines have broken through the 0 axis and continue to extend upwards, with higher trade volumes remaining steady. The KDJ is operating in a golden cross pattern, and the VR indicator is consolidating around the value of 110, with a complete short-term rebound structure.

It should be noted that although the current rebound shows strong breakout momentum, the overall trend is still dominated by bears. Considering the liquidity contraction risk that may be triggered by the Thanksgiving holiday stock market closure, the core strategy for short-term operations is to short on rebounds. The short-term support below focuses on the 90,000 level, and if it effectively breaks down, further attention can be directed towards the 88,000 area.

Short-term trading suggestions

Short at 91500-92000, target 88000-89000
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BTC0.17%
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