On the four-hour timeframe, the price is still in a downward trend after reaching a high point. The long-term moving averages MA144 and MA169 are continuously pressing down. The rebound lacks significant support from the main forces, with the MACD histogram decreasing in volume and the DIF still below the DEA. The rebound momentum is weak, and the probability of a subsequent pullback is increasing.
Personal suggestion, for reference only (strictly set defense) BTC near 88500, see 89500 for supplementation, target 87000, 85500$BTC
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11.25 Tuesday Daily BTC Analysis
On the four-hour timeframe, the price is still in a downward trend after reaching a high point. The long-term moving averages MA144 and MA169 are continuously pressing down. The rebound lacks significant support from the main forces, with the MACD histogram decreasing in volume and the DIF still below the DEA. The rebound momentum is weak, and the probability of a subsequent pullback is increasing.
Personal suggestion, for reference only (strictly set defense)
BTC near 88500, see 89500 for supplementation, target 87000, 85500$BTC