11.25 Bitcoin's rebound this time is quite strong, reclaiming the 88,000 mark. However, its performance is clearly weaker than Ethereum and it’s still struggling below a key resistance level.

On 11.24, BTC secured a 4,100-point move, which set up long positions for 11.25 in advance, and these were realized this morning. From a low of 85,980 to a high of 89,177, there was over 3,000 points of range.

Daily K-line analysis shows the price has returned above the middle Bollinger Band at 85,900, which is a positive signal. MACD is showing signs of a golden cross at the lows, and the green bars are starting to appear, indicating that rebound momentum is accumulating. However, RSI has surged to 70.5, entering the overbought area, so some short-term consolidation is needed. Four-hour K-line analysis shows the Bollinger Bands are starting to open upwards, and the price is attempting to test the upper band resistance at 88,600. After the MACD golden cross, it continues to move higher, but with a net outflow of 340 million, it suggests that major funds may be reducing positions during the rebound, which is a hidden risk.

Trading strategy:
Consider going long on a pullback to around 87,000-87,200, with a target of 88,200-89,200#反弹币种推荐