The current BTC market is in a range-bound pattern, with prices oscillating around $86,500. After retreating from a high of around $92,500 to $80,600, it rebounded and is now consolidating in the $85,500 - $88,000 range, exhibiting an overall trend of "consolidation after a rebound."
The price is operating around the mid-track of 86750, with the upper track at 87950 USD forming a strong short-term resistance, while the lower track at 85550 provides key support, currently within a typical oscillation range. DIF is above DEA and the MACD bars are positive, indicating that the bullish momentum has not completely exhausted yet, but there are signs of gradual weakening. The current volume has significantly shrunk compared to the previous peak, reflecting an increasing cautious sentiment among investors.
Long Strategy Long in the range of 85500-86000, defend 85000, target 88000.
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November 24th, Monday, Jingwen, BTC strategy
The current BTC market is in a range-bound pattern, with prices oscillating around $86,500. After retreating from a high of around $92,500 to $80,600, it rebounded and is now consolidating in the $85,500 - $88,000 range, exhibiting an overall trend of "consolidation after a rebound."
The price is operating around the mid-track of 86750, with the upper track at 87950 USD forming a strong short-term resistance, while the lower track at 85550 provides key support, currently within a typical oscillation range.
DIF is above DEA and the MACD bars are positive, indicating that the bullish momentum has not completely exhausted yet, but there are signs of gradual weakening. The current volume has significantly shrunk compared to the previous peak, reflecting an increasing cautious sentiment among investors.
Long Strategy
Long in the range of 85500-86000, defend 85000, target 88000.
Short selling strategy
Short around 88200, defend 88700 USD, target 85500#逆势上涨币种推荐 #美联储会议纪要将公布 #比特币行情观察 #BTC #PI