#特朗普撤销农业产品关税 11.19 Bitcoin evening review

I took a look at BTC, which is currently hovering around $91400. Pulling up a 4-hour chart, it’s clear that throughout November, it has been bouncing back and forth in the range of 89000 to 104000. Recently, it has noticeably squeezed down to the middle-lower band of the Bollinger Bands, and it does seem a bit fatigued in the short term.

The Bollinger Bands are quite tight, and this often indicates a potential change in trend. If it can break above and hold the middle band, a rebound may be coming; however, if it can't even hold the lower band, then we need to be cautious about a downward movement.

The KDJ three values are currently fluctuating around 50, which means that bulls and bears are in a stalemate, neither overbought nor oversold. The K line is slightly pressing down on the D line, indicating a slight willingness to go long, but this signal is too weak to make a judgment based solely on this. The good news is that the MACD histogram has turned positive, and short-term momentum is warming up, presenting a technical opportunity for a rebound.

The practical approach gives two directions:

If it pulls back to the 89800 line, you can take a small position to try going long, to see if you can catch up to 93200, but you must set a stop loss below 89000; if it breaks, just accept it.

Conversely, if the rebound touches the resistance level near 93300, consider entering a short position, aiming for 88500, with a stop loss placed above 94000.

$BTC At this position, to be honest, it's just about waiting for direction, don't heavily bet on one side.