Coin Circle Liying: The 11.15 bull market has not ended! How will Bitcoin, which is burdened with panic, fight back! Latest market analysis

Article release time 2024.11.15—00:15

Bitcoin is currently priced at 88,000, and the support point is clear and can be used as a real position. Liying has made it very clear yesterday that you should not be distracted by external factors. When the general trend is still bullish, before the general trend ends, all the retracement supports can be used as entry points for long orders. Now that the market has fallen sharply, wait until the market stops falling before entering the market. When the market sentiment is occupied by greed and fear, you must rationally shield this general trend. Emotions, only do the trends that are sure, only do the market within the system.

Liying still analyzes the price trend. It can be seen that the K-line pattern has been fluctuating at a high level. A long upper shadow line appeared on the 13th. Liying judged that the upper selling pressure was large. The K-lines on the 14th and 15th showed negative lines, indicating that the market sentiment was bearish in the short term. In the technical indicator MACD 4-hour cycle, DIF and DEA were both downward, and the MACD histogram was negative, showing that the short-term momentum was strengthened. The air force began to challenge the bottom line of the bulls and had reached the support point, so pay attention to the key points. Whether the key support is broken

The relative strength index RSI is currently around 54.87, falling from the overbought area. Liying found that the bullish power of the market has weakened significantly. The current price of the trend indicator EMA is running below EMA7, and there is a certain distance between EMA30 and EMA120. The short-term trend is bearish, but it is still in an upward trend in the long term. The idea is to follow the long-term bullish trend layout. The short-term bearish trend chooses more key support layouts. It is right to follow the trend. After the inflow of trading volume funds, there is a wait-and-see situation and the market activity is reduced, indicating that Currently, only the main force is performing, and most people are more rational and choose to wait and see.

Today's Liying point forecast

Long point 85500, 84500 to cover long, stop 84000, target 89000

Short point 89000, 90500 to cover short, stop 91000, target 87000

The above is Liying's brief analysis of the current market conditions for investors' reference$BTC #比特币行情走势分析