November 26, Tuesday, Bitcoin Night Market Trend Analysis!
From a technical structure perspective, in the four-hour level line, the running channel forms a wide range of oscillation, with prices rising and then pulling back without continuing to decline, but rather entering a recovery trend. The volume is still arranged in a bullish manner, showing a tense moving average trend, but it has not driven the price to release lower. In the short cycle, it is consolidating downwards and then recovering, mainly oscillating with some upward movements.
In the one-hour level line, the running channel is under pressure and retracing after rising. The price is currently oscillating in a narrow range at a high level, which is actually a weak retracement. The bearish volume is arranged, but it lacks the ability for substantial release. Although the moving averages are pointing down, they haven’t provided space for the bears to move out. Currently, the price has shown signs of turning upwards to maintain the high-level consolidation. An upward movement requires time for further preparation. In the upcoming strategy, we focus on buying on dips at low levels, while selling when the upward movement does not break the key area.
Bitcoin gives the following operational advice: Buy around 95,500, with a target of 96,500-97,500! If it breaks, continue to look upwards! #NOT市场动态 #比特币关键区间 #GameFi板块信号 #PCE与美联储纪要公布在即 #SUI、IMX、ADA大额解锁 $BTC $ETH
