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【btc Weekly Market Analysis】11/25
Weekly: The trading volume has been increasing for three consecutive weeks, but it still formed a decreasing state up to last week. This week begins with bullish trading volume bars appearing. Currently, both KDJ and MACD are at extreme high levels. The market is either continuing last week's trend or declining; we will analyze this in conjunction with daily indicators.
Daily: The daily KDJ has reached a point where a crash could happen at any time. The MACD has started its second bullish decrease, and the fast line DIF has shown a top arc shape. Recently, bullish trading volume bars have appeared, and there is a decrease in bullish momentum. Overall, the daily indicators suggest the market is in a situation where the main upward strength is weakening. The overall daily indicators are bearish, but we must also consider that the main force may be in a resting phase, and whether there will be another strong upward movement later. Currently, the probability of a decline is greater than that of an increase.
4-hour: On the 21st, the market rose from 95,600 points to 99,600. The subsequent market is in a fluctuating downward trend, with the overall market at the hourly EMA dual support and high-pressure range of 98,300-98,800, showing a small range of fluctuation. From the market perspective, bears below 95,600 are still trapped. It is uncertain whether the market will break through this range's resistance to rise or decline again in the evening, breaking the hourly support near 95,600. The KDJ is reversing from a high position, and MACD is still moving downwards in a death cross, approaching the zero boundary. Today's bullish trading volume has been released, and looking at the hourly indicators as assistance, the entire 4-hour indicators are bearish. However, the market is still at the EMA12 support level, and there might be a situation of fluctuating decline.
Summary: The overall probability of decline is greater than that of increase. The formal fluctuating downward trend has not yet clearly formed, so pay attention to the changes in the evening's 4-hour market and indicators. If there are any special situations, I will provide timely updates.
Operation: The contracts should focus primarily on high shorts, with low longs as a secondary option, and more attention should be paid to the small realization of EMA dual support (EMA144-169).
Weekly: The trading volume has been increasing for three consecutive weeks, but it still formed a decreasing state up to last week. This week begins with bullish trading volume bars appearing. Currently, both KDJ and MACD are at extreme high levels. The market is either continuing last week's trend or declining; we will analyze this in conjunction with daily indicators.
Daily: The daily KDJ has reached a point where a crash could happen at any time. The MACD has started its second bullish decrease, and the fast line DIF has shown a top arc shape. Recently, bullish trading volume bars have appeared, and there is a decrease in bullish momentum. Overall, the daily indicators suggest the market is in a situation where the main upward strength is weakening. The overall daily indicators are bearish, but we must also consider that the main force may be in a resting phase, and whether there will be another strong upward movement later. Currently, the probability of a decline is greater than that of an increase.
4-hour: On the 21st, the market rose from 95,600 points to 99,600. The subsequent market is in a fluctuating downward trend, with the overall market at the hourly EMA dual support and high-pressure range of 98,300-98,800, showing a small range of fluctuation. From the market perspective, bears below 95,600 are still trapped. It is uncertain whether the market will break through this range's resistance to rise or decline again in the evening, breaking the hourly support near 95,600. The KDJ is reversing from a high position, and MACD is still moving downwards in a death cross, approaching the zero boundary. Today's bullish trading volume has been released, and looking at the hourly indicators as assistance, the entire 4-hour indicators are bearish. However, the market is still at the EMA12 support level, and there might be a situation of fluctuating decline.
Summary: The overall probability of decline is greater than that of increase. The formal fluctuating downward trend has not yet clearly formed, so pay attention to the changes in the evening's 4-hour market and indicators. If there are any special situations, I will provide timely updates.
Operation: The contracts should focus primarily on high shorts, with low longs as a secondary option, and more attention should be paid to the small realization of EMA dual support (EMA144-169).
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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