#香港稳定币监管框架 Bitcoin trend observation on the morning of November 29

Recently, the market has been quite volatile. However, upon closer inspection, the downward trend seems to be stabilizing and there is a hint of recovery.

On the K-line chart, the highs and lows are getting closer together, and after several consecutive bearish candles drop down, small bullish candles start to appear.

Looking at the MACD again, although it is still stacking green bars below the zero line, both the DIF and DEA are negative, but notice - the green bars are clearly shortening, this signal cannot be ignored, the signs of a rebound have already emerged.

Trading Ideas:
Consider laying out long positions around the 90000 line, targeting the 91500 area.

$BTC $ETH $ZEC

BTC-6.2%

ETH-7.51%

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CommunityLurker

· 11-30 01:37

I noticed that the green pillar has shortened, and it feels like this rebound really has potential.

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TokenSherpa

· 11-29 01:14

let me break this down for you—actually, if you examine the data on those macd divergences, historically speaking the shrinking histogram patterns *do* suggest some mean reversion mechanics are at play here. but fundamentally, we need to be cautious about governance precedent from previous bear cycles, ngl.

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BasementAlchemist

· 11-29 01:10

The shortening of the green column is indeed something to follow, but I think we need to take another look at the price of 90000, afraid of catching a falling knife.

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SandwichVictim

· 11-29 01:10

The shortening of the green bar is a bit interesting, but can 90000 really hold? --- Going long again, but what happens every time when I say this? --- I don't quite understand this MACD signal, anyway, just waiting to be played for suckers. --- 91500? Are we dreaming or what? --- What's the relationship between the Hong Kong stablecoin framework and BTC, how did these two come together? --- It does seem to have signs of a rebound, but I don't believe it, let's get played for suckers first. --- Shortening the green bar = a rebound? Then I'll be making money every day, haha. --- This critical position of 90000, what are the institutions really thinking?

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AllInAlice

· 11-29 01:03

The shortening of the green pillar is indeed interesting, but do you dare to buy at the 90000 position? I feel like we need to observe a bit more.

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ProveMyZK