Thanksgiving market closure has led to a sharp decrease in liquidity, with coin prices oscillating at high levels. The 92000 level above is clearly under pressure, with multiple attempts to rise during the day failing to break through. Upward momentum is weakening, and short positions are gradually making a strong push. A double top has formed on the 4-hour chart, and the technical indicators on the 1-hour chart are continuously narrowing and turning downwards. The overall trend remains bearish, and the rebound is not a reversal. The short-term strategy for the day remains primarily high short.
Operation suggestion: Short near 92000, target around 88500.
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Thanksgiving market closure has led to a sharp decrease in liquidity, with coin prices oscillating at high levels. The 92000 level above is clearly under pressure, with multiple attempts to rise during the day failing to break through. Upward momentum is weakening, and short positions are gradually making a strong push. A double top has formed on the 4-hour chart, and the technical indicators on the 1-hour chart are continuously narrowing and turning downwards. The overall trend remains bearish, and the rebound is not a reversal. The short-term strategy for the day remains primarily high short.
Operation suggestion: Short near 92000, target around 88500.