Bitcoin is swaying, and the price has reached today's highest point of $98,384, just over 1,500 points away from $100,000, which is less than a 2% increase. If we look solely at the four-hour and daily chart patterns, Bitcoin's upward trajectory is very healthy, with little price pullback and a good rebound, indicating strong buying pressure below. However, from the perspective of daily and weekly indicators, overbought conditions are quite severe, and typically, such situations carry inherent risks. This does not mean the bull market is peaking, but rather that there may be a significant liquidation of long positions, as the continuous rise has accumulated too many profit-taking orders. At the same time, as the price approaches the psychological barrier of $100,000, it is likely to trigger early selling for hedging by large holders.
According to analysis from current indicators and historical experience, a significant pullback cleansing is likely very close. Typically, the cleansing force of major indicators falls within the range of 6,000 to 12,000 points. At this point, it is hoped that everyone can reduce their spot holdings for hedging, while using contracts to defend and shift towards short positions. After a sufficient pullback, one can then increase positions and engage in long strategies.
Cryptocurrency enthusiasts must watch: the manipulation tactics of major players are diverse, and ordinary participants can easily be misled and incur losses. Keep a timely eye on updates, helping you stand at a higher vantage point and pursue wealth in the crypto space with a professional perspective.

Today some coin friends asked about the medals, and the drop warning analysis from last night was too far from the top. In fact, the top indicators that the medals focus on have never disappointed them, allowing for successful early exits to avoid large drops multiple times. Friends who have been paying attention to the medals for a long time definitely have a deep understanding of this. However, just because the indicators are at a certain point doesn't mean it will drop immediately. The medals cannot predict how far the main force will go in the final stretch, only knowing that the cleanup will generally unfold within 48 hours. Based on the heat and points at that time, it is estimated that it will drop at least $4000 from the highest point, which led to the analysis last night. This afternoon, Bitcoin dropped nearly $5000 from its highest point, and the intensity of the cleanup was very strong. Although running away early missed the profit, it also avoided danger.

Bitcoin has been rising continuously for more than 15,000 points, and the price has risen from 66,835 at 5 a.m. on November 5 to 82,471 at 7 o'clock this evening. At present, the daily and weekly indicators have shown that they have entered a serious overbought area. The basis of the indicator is not to stop the rise and fall immediately after the medal issues a warning, but that there is little room for the next rise, and there will be a large decline and cleanup activities. The risk of holding positions is high, and the profit-risk ratio is seriously mismatched. In addition, the current popularity is also very high, which is suitable for the main force to make certain shipments. It is hoped that those who are long and holding current currencies will avoid waiting and reduce their positions, and increase their positions after the pullback. It is expected that there will be a significant decline below 78,000 within 48 hours. $BTC

Due to the increasing market expectations that the positive developments have been fully realized, there has been a surge in short selling, which has significantly affected the expectation of a sharp decline. Therefore, it is currently more necessary to clear some of the short positions before proceeding with a major drop, which may actually yield better results. Based on the latest data collected by the Badge and the market dynamics, it is expected that Bitcoin will approach 78,000 to reduce short positions while guiding the market’s long position increases. At that time, there is a high probability of a significant bearish pullback.
Considering the latest situation, it is recommended that everyone adjust their BTC short positions to the range of 77,800-79,000 for the first entry, with an additional buy order at 80,500 and a stop loss at 81,500. In the short term, the target is 75,000, in the medium short term 71,000, and in the medium term below 68,000.
The Badge has been continuously monitoring market dynamics, and by following the Badge, you can receive the latest data trends in real time.

Yesterday's medal analysis indicated that entering Bitcoin short positions in the 74500-76000 range remains unchanged with expectations for a short-term decline. Everyone can hold patiently. For friends who are worried about unforeseen changes, feel free to follow the medal. $BTC

Why did Bitcoin drop? $BTC

Many coin friends do not understand what this trend means, the main force's actions are very clear. When I rise, I want to see if you dare to go long. A big stick strikes down those who go long. The main force's intentions are recognized and unhappy, showing their power. Don't be afraid, continue to watch for a short-term rise!

The trend of BTC is all under the control of Medal!

Friends who don't pay attention to the medal will suffer again! ! Do you have to short? ? $BTC

The trend of Bitcoin is all under control, isn't it?! $BTC

Friends without the attention medal will suffer losses again, losing opportunities time and time again! $BTC

After the recent rise in Bitcoin prices, the continuous quick pullbacks are mainly due to the suppression of long positions and the clearing of long positions before the rise. After a brief decline, there will still be rebounds, and there has not been a continuous bearish trend, indicating that the bearish sentiment is only temporary and the direction of the bullish trend is clear and firm. The previous analysis emphasized multiple times that the main trend of the bulls has not changed, and informed everyone of the spot large position buying price and contract long opening position around 65500, where both pullbacks received strong support for significant rebounds! In fact, each pullback presents a good entry opportunity; if it were to rise straight up, there would certainly be a large number of following positions and stable profit-taking positions, so consolidation is inevitable. However, this period has confused many cryptocurrency enthusiasts. I hope that crypto enthusiasts can avoid retail investor thinking and follow professional operations.

150,000 ETH (corresponding to the current price of 2550, market value of 383 million US dollars) were transferred from an unknown wallet to Coinbase. Xunzhang believes that this amount belongs to medium and large size, and everyone is waiting for the sale to come. I see that many coin friends are still flocking to ETH recently, waiting for a surge, but they know very little about the reasons why ETH performs so poorly. $ETH

Everyone thinks the shape of this coin is very ordinary, right? In fact, it has already accumulated energy and is likely to rise rapidly.

60500 persuade cryptocurrency friends to buy at the bottom, 69000 remind to escape at the top, inform in advance about the bottom position for spot large position buying and contract long position participation. Hope the analysis of the medal brings happiness to cryptocurrency friends!! $BTC