Night market may occur on 11.29!

First, let's talk about yesterday's market. At 2 PM and 8 PM on the 28th, Bitcoin formed two cross candles in one hour, while at 6 PM, a doji star was sandwiched in between. These indicate that Bitcoin is looking for a bottom. At 10 PM, after touching the 96200 pressure zone given by Yicheng, Bitcoin started to decline with reduced volume. Until 1 AM, it formed an inverted hammer, confirming the upper space for the future market.

At 5 AM, after a low-level golden cross in one hour, the shorts operated with reduced volume, and the RSI rebounded from a high position, jumping twice to around 96800. This was also the range that Yicheng reminded to pay attention to yesterday, and it was Yicheng's entry area. Profit-taking occurred, and at the high position, the shorts naturally wanted to try. After forming a cross candle, Bitcoin dropped 600 points, hitting the middle of multiple moving averages, and then surged by 2000 points.

Now there is a significant divergence, with multiple rounds of grinding, not breaking the 95500 range, Bitcoin may continue to explore upward. However, from a structural perspective, it does not have upward momentum in the short term, and the structure does not support it. The main force has no reason to invest heavily to push up! We consider it as a large-scale wide fluctuation, and there is no need to worry.

Bitcoin can be shorted in batches.

Short at 97500 directly, add short at 98000.

Target 95800-96150 range.

Second coin 3620 do not break, add short. Target 3557.