#比特币波动性 Last night, Bitcoin bulls pushed the price up from around $86,000 all the way to $89,200, but it couldn't hold and quickly pulled back to the $88,000 area to start consolidating. On the daily chart, it has closed green for two consecutive days, but on the bear side, trading volume is shrinking and the rebound seems a bit weak.

Technically, the 4-hour chart shows a rising wedge pattern, but the hourly chart indicates the bulls are pulling back with decreasing volume. Overall, it's still moving within a range of choppy upward movement, and a one-sided trend is unlikely in the short term.

For trading strategy, it's recommended to focus mainly on buying the dip. If the price pulls back to the $87,500-$87,000 support zone, consider opening positions, with targets at $88,800-$89,300. For Ethereum, you can try to go long around $2,920-$2,900, with an upper target set at the $2,975-$3,000 range. Remember to control your position size and set proper stop-losses.

$BTC $ETH $SOL

BTC-6.13%

ETH-6.57%

SOL-8.09%

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ProposalManiac

· 11-28 00:29

It's the old trick of wedge rising again. Does the shrinking of short positions trading volume lead to the conclusion that the rebound is weak? The logic is reversed... The shrinking volume itself indicates that no one is dumping, so how can it be called weak?

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LiquidatedThrice

· 11-27 23:48

It's this trap again, rushing to 89200 and then running back, it's really frustrating.

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SerNgmi

· 11-27 12:54

89200 didn't hold above, this rebound does feel a bit weak, it seems like long positions are letting out air.

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bridge_anxiety

· 11-26 05:37

It's another one of those fluctuating traps, ran away at 89200, I'm really fed up.

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MEVictim

· 11-25 01:10

Again this trap, it pumped to 89200 but couldn't go up, short positions are sneaking in.

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SatoshiHeir

· 11-25 01:07

To be honest, I noticed the weakness of this rebound from the on-chain data a long time ago. The shrinking trading volume of short positions is just a surface phenomenon. It should be pointed out that a wedge breakout is often a false signal, which has been proven countless times by the community in 2017. I advise everyone not to rush to buy the dip; I don't see anything special about the support at 87000. Position management is the key, and not properly setting a stop loss is just looking for trouble.

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UnluckyValidator

· 11-25 01:05

It's another choppy market, really annoying, but there are still opportunities to buy low, just depends on whether we can hit the support level.

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NewPumpamentals

· 11-25 01:03

89200 didn't hold again, this wave still depends on whether 87000 can hold, otherwise, we will continue to be bearish.

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AirdropBuffet