Bitcoin's performance today is strong. It has attracted $129 million in a single day, and the main funds are clearly buying up.
From a technical perspective, all moving averages across various timeframes are trending upwards, and the price has been able to hold steady each time it tests key support. This kind of trend indicates a strong potential for reversal.
How to operate? It is recommended to buy in batches in the range of 89000 to 90000, and not to rush to chase the highs. Wait for a pullback to confirm support before entering, as it will be more controllable in terms of risk.
Short-term target is to see the range of 93000-95000.
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HodlKumamon
· 11-27 14:51
Don't be anxious, this wave of capital inflow of 1.29 billion looks good, but the bear has flipped through the historical patterns, and we've seen this kind of "strong reversal signal" too many times, and in the end, it all leveled out.
Buying in batches at 89000-90000 is fine, this strategy is okay. DCA Auto-Invest is originally the gentlest way to invest, just afraid it’s another bull trap.
If it really gets to 93000-95000, I'll hug it first and then talk.
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BTCRetirementFund
· 11-27 14:36
$129 million entering the market, is the market maker buying the dip or positioning? Feeling a bit anxious.
At this critical level of 89000, should we catch the falling knife?
If this round of reversal succeeds, can it stabilize at 93-95? I feel like we still have to watch the news.
Everyone says not to chase the price, but when there's a real pullback, we end up missing out. I'm really annoyed by this kind of operation.
The market maker's accumulation is so strong, there shouldn't be much risk in the short term; those who went all in should have made profits.
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RetroHodler91
· 11-27 14:27
The rhythm from my brother suggests that the market makers are indeed in the accumulation phase.
I already laid in ambush around 89-90, and now I'm just waiting for the pullback to confirm support; the advice not to chase the price is really to my liking.
Short term 93-95, feels like there shouldn't be any major issues?
#数字资产市场观察 November 27 $BTC Night Market Review
Bitcoin's performance today is strong. It has attracted $129 million in a single day, and the main funds are clearly buying up.
From a technical perspective, all moving averages across various timeframes are trending upwards, and the price has been able to hold steady each time it tests key support. This kind of trend indicates a strong potential for reversal.
How to operate?
It is recommended to buy in batches in the range of 89000 to 90000, and not to rush to chase the highs. Wait for a pullback to confirm support before entering, as it will be more controllable in terms of risk.
Short-term target is to see the range of 93000-95000.
$BTC