The 4-hour chart currently shows a long upper shadow candlestick. MACD momentum is shrinking, and the DIF and DEA are narrowing, indicating a weakening of bullish strength. The moving averages have not broken, and profit-taking pressure is increasing, leading to heightened divergence between buyers and sellers. A breakthrough of the key resistance is expected at 91500+, while a drop below support may test the 84000 bottom.
Trading advice: Short positions around 87500-88000, target around 85000-84500 #Gate广场圣诞送温暖 #非农数据超预期
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November 26 BTC evening operation analysis
The 4-hour chart currently shows a long upper shadow candlestick. MACD momentum is shrinking, and the DIF and DEA are narrowing, indicating a weakening of bullish strength. The moving averages have not broken, and profit-taking pressure is increasing, leading to heightened divergence between buyers and sellers. A breakthrough of the key resistance is expected at 91500+, while a drop below support may test the 84000 bottom.
Trading advice: Short positions around 87500-88000, target around 85000-84500 #Gate广场圣诞送温暖 #非农数据超预期