First, let's talk about the overall environment. On the daily chart, Bitcoin has stabilized, with prices fluctuating above the key support level, alternating between bearish and bullish candles, resulting in a temporary stalemate between the bulls and bears. However, it's worth noting that the short-term moving averages have started to trend upwards, indicating a clear reduction in selling pressure, and the market's panic sentiment is slowly dissipating. Right now, we are in the stage of holding back a big move, waiting for a breakout point.
Watching the four-hour trend is more interesting. The price fluctuates around the middle track, and although the oscillation range is narrowing, the middle track continues to rise. Each time the price pulls back, the low point is slightly higher than the previous one, which is actually a healthy step-like increase. The bulls are quietly accumulating strength, and the trend is already quite clear.
Operational Ideas: If BTC pulls back to the range of 88500-89500, you can consider gradually entering long positions, with the initial target around 93000.
ETH at the price range of 2960-2985 is also a good entry point, with the target range set at 3150-3200;
SOL is currently on hold, waiting for clearer signals.
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WalletInspector
· 11-28 18:11
Wow, holding back the big move? I really like this feeling. If BTC really takes off this time, the brothers who entered at 88500 will be making a fortune.
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NFTHoarder
· 11-27 23:42
I like the saying "holding back the big move"; it feels like the long positions are finally going to take the opposite position.
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GasFeeTherapist
· 11-27 02:01
The range of 88500-89500 is not bad, but the question is whether it can really fall to that point. The rebound in the past two days has been a bit strong.
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ApeWithAPlan
· 11-27 02:01
After holding back for so long, it's finally going to get liquidated. Entering a position at 88500 is not a loss.
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MetaverseVagrant
· 11-27 02:00
I prefer the term "stepwise rise"; it feels much better than those who shout "it's going to fall" every day, haha.
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LazyDevMiner
· 11-27 01:50
Oh brother, are we waiting for another explosion this time? I feel like I'm waiting every day...
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not_your_keys
· 11-27 01:50
The key price level of 88500 really needs to be held, otherwise we'll have to tell the story again.
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GateUser-5854de8b
· 11-27 01:43
The stepwise lifting operation is still steady; it just depends on whether BTC can truly break through 93000.
#比特币波动性 Market notes this morning 11.27
First, let's talk about the overall environment. On the daily chart, Bitcoin has stabilized, with prices fluctuating above the key support level, alternating between bearish and bullish candles, resulting in a temporary stalemate between the bulls and bears. However, it's worth noting that the short-term moving averages have started to trend upwards, indicating a clear reduction in selling pressure, and the market's panic sentiment is slowly dissipating. Right now, we are in the stage of holding back a big move, waiting for a breakout point.
Watching the four-hour trend is more interesting. The price fluctuates around the middle track, and although the oscillation range is narrowing, the middle track continues to rise. Each time the price pulls back, the low point is slightly higher than the previous one, which is actually a healthy step-like increase. The bulls are quietly accumulating strength, and the trend is already quite clear.
Operational Ideas:
If BTC pulls back to the range of 88500-89500, you can consider gradually entering long positions, with the initial target around 93000.
ETH at the price range of 2960-2985 is also a good entry point, with the target range set at 3150-3200;
SOL is currently on hold, waiting for clearer signals.