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12.7 Bitcoin Market Analysis Reference
Bitcoin’s intraday rebound is relatively weak. Multiple upward attempts have failed to break through the 90,000 resistance level. By the evening, bullish sentiment had weakened, and the market re-entered a correction and consolidation rhythm. As of press time, Bitcoin is trading with slight fluctuations around 89,750, overall remaining under pressure.
Recently, candlestick patterns have shown long upper and lower wicks with alternating bullish and bearish candles, reflecting market indecision and a standoff between bulls and bears. From a technical perspe
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12.6 Bitcoin Market Analysis Reference
Yesterday, Bitcoin saw a rally followed by a pullback. It has now fallen below the 90,000 mark, with lows approaching the 88,000 level. Compared to yesterday, the trend has shifted from strong to weak, so caution is advised for further declines. Focus on the previous low support level below. If it does not break below this level, the market is still in a wide range of consolidation, with a possible rebound after a retest. Conversely, if it breaks below, the price may continue to move lower, so please be prepared.
From a technical perspective, the 2-hour c
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12.5 Bitcoin Market Analysis Reference
Yesterday, Bitcoin saw a rebound, but subsequent bullish supply was insufficient, and the trend did not stabilize for further upward movement. During the day, the price pulled back to the 90,800 level and rebounded again. Daily support is still slowly adjusting. In the future, pay close attention to the short-term resistance at 9,400–9,500. If this level is not broken, the pullback and consolidation will continue. Please do not blindly chase longs. Be cautious of the price facing resistance and pulling back to support again.
On the short-term hourly chart
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12.4 Bitcoin Market Analysis Reference
Bitcoin continued to rise yesterday as expected, stabilizing above the 90,000 region. Currently, it is under pressure after reaching a high near 94,180. The market has pulled back and entered a high-level consolidation. On the short-term daily chart, the trend remains upward, with the price stabilizing at the middle band of the daily chart. As long as the price does not fall below the 90,000 level during pullbacks, the upward momentum is expected to continue.
On the short-term 4-hour chart, the recent candlesticks show a high-level oscillating pattern, wi
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12.3 Bitcoin Market Analysis Reference Bitcoin rebounded again last night, returning to the area above 90,000 and breaking through the critical resistance of 90,000. Currently, the short-term price has entered a consolidation phase again, with both bulls and bears operating near the middle band of the daily chart. The pattern is not very clear, and the short-term price fluctuation is quite strong. Therefore, Mr. Coin suggests that everyone temporarily observe the situation and consider entering positions when support is reached or resistance is stabilized. A long lower wick appeared on the dai
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12.2 Bitcoin market analysis reference In terms of the current trend, a long lower shadow appeared at 20:00 on December 01 at the 4-hour level, indicating that there is strong support in the 84000 area; The daily chart rebounded after three consecutive days of negative closing, but failed to break through the previous high of 93092, forming a weak rebound structure in a downtrend. On technical indicators, the 4-hour and daily level MACD are located below the zero axis, DIF and DEA continue to weaken, the short-term overall trend is weak, the price has fallen below EMA7/30/120 and other moving
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12.1 Bitcoin Market Analysis Reference For the People's Bank of China’s meeting on November 28 to combat virtual currency trading speculation. The meeting emphasized that virtual currencies do not have the same legal status as legal tender, do not possess legal repayment ability, and should not and cannot be circulated as currency in the market. Activities related to virtual currencies are considered illegal financial activities. Stablecoins are a form of virtual currency that currently cannot effectively meet customer identity verification, anti-money laundering, and other requirements, p
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11.29 Bitcoin Market Analysis Reference Bitcoin maintains a rebound attempt and a falling trend during the day. The upward movement failed to stabilize against the resistance at 93000, and the price quickly adjusted, currently nearing the 90000 position. As of the time of writing, the currency price is running around 9700, having fallen from around 93000 to near 90100, forming a structure of continuous lower highs and lower lows. The current price of 90661.57 is in a short-term consolidation phase. Although it has tested the support near 90000 multiple times, the short-term daily axis pressure
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11.28 Ethereum Market Analysis Reference Ethereum has slightly moved up at a high position, with the price facing resistance at around 3070 and pulling back. Currently, the trend is in a consolidation rhythm. Based on the formation of a double bottom structure on the daily chart (with the low point of 2763 on November 24 and the low point of 2888 on November 26), there is now a key reversal signal appearing on the 4-hour chart: the long lower shadow hammer candlestick generated at 20:00 on November 27 has been confirmed by three consecutive bullish lines, pushing the price to break through the
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11.28 Bitcoin Market Analysis Reference Yesterday, Bitcoin overall maintained consolidation, with market fluctuations within a range of 2000 points, reaching a high near the 91930 position under pressure and pulling back. Currently, the trend continues to pull back, with both bulls and bears in a stalemate, and the Bollinger Bands on the hourly chart are narrowing. In the short term, focus on the support at the 90,000 level. If it breaks below, it may test the 4-hour midline at 88,000. Conversely, it will rebound and test the strength of the daily chart midline resistance. Overall, the trend r
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11.27 Ethereum market analysis reference Ethereum has continuously broken through the double resistance of 2980-3030, with the market showing a震荡上行 in the area above 3000. Short-term long positions are strong, and the price continues to test upwards. The daily chart has closed with three consecutive bullish candles. Since the long lower wick confirmed the support at the 2761 low on November 24, the price rebounded quickly and broke through the 3000 integer mark on the 26th, but left an upper wick at the close, indicating that there is some resistance at this level. On the hourly chart, at 01:0
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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
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11.26 Ethereum market analysis reference: Ethereum's early morning upward movement as expected faced resistance and pulled back near the 2985 level. Subsequently, the price continuously tested downward, and after multiple intraday retracements, a rebound occurred. The coin price maintained fluctuations within a small range, with a long lower wick bullish line forming near 2900 on the 4-hour chart, confirming strong support in that area. On the daily chart, it has closed bullish for two consecutive days and successfully broke the previous high of 2953, forming a short-term rising channel. I
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11.26 Bitcoin market analysis refers to the Bitcoin trend attacking again but failing to break through the key resistance above, maintaining within a fluctuating range, and the high is already close to the resistance area; however, it has not broken out upwards. Currently, the price has also pulled back to around 87500, with multiple dips failing to break below the 86000 support line, but the rebound strength is gradually weakening. The long lower wick candlestick appearing near the 86700 low on the 4-hour chart clearly shows that there is strong buying support in the 86000 area. On the daily
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11.25 Ethereum Market Analysis Reference
Ethereum continues its range-bound movement on the daily chart. By the evening, there was a breakout to the upside, and the current high has reached around 2980. The price is rallying strongly and has broken through the 2900 level. As of this writing, the price is running near 2970. If the rebound fails to break through the key level of 3000, a pullback may follow soon, so it's recommended to be prepared.
After this round of upward movement, intraday support has now shifted up to the 2780-2800 area. On the daily timeframe, there is a strong bullish cand
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11.25 Bitcoin Market Analysis Reference
After two days of testing the downside without breaking below the 85,000 level, Bitcoin consolidated over the weekend. In the evening and into the early morning hours, it rebounded again, with the current price operating around the 88,600 area. The price has already touched the key resistance above. The upper resistance remains around the 90,000 area. If the rebound fails to break and stabilize above this region, there is still a risk of price pullback for support. Conversely, if it breaks upward, the price is expected to move further up for a test.
On t
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Mr. Coin in the Crypto Circle: Illustrated Introduction to the Basics of Cryptocurrency K-Line (Part 1)

A calm mindset is key. Stay neither arrogant nor impatient, avoid blindly following trends, and steer the boat of wealth with wisdom and steadiness toward the shores of success.
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11.24 Ethereum Market Analysis Reference
Ethereum has been oscillating upwards intraday, with the current high reaching around 2870, marking an intraday increase of nearly 100 points. The price surge is relatively strong, but it has yet to break through the 2900 level, indicating there is still significant resistance above. If the price fails to continue rebounding, a pullback could follow soon, so it’s advisable to be prepared.
On the 4-hour chart, the market has recently formed a double bottom structure in the 2704-2733 range. The key short-term resistance is near 2860. After testing the 278
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11.24 Bitcoin Market Analysis Reference
After a series of consecutive declines, Bitcoin continued to consolidate and recover over the weekend. During the day, the price rebounded after a pullback and is currently in the area above 86,000. The price has already touched short-term resistance at the high, so pay attention to the new intraday high. If the rebound fails to break through and stabilize above this area, there is still a risk of a further pullback for support. On the other hand, if it breaks upward, the price is expected to move further towards the 90,000 level.
From the short-term hou
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