On November 28, Thursday, Bitcoin midday strategy analysis!

From a technical structure perspective, on the four-hour level, the operating channel continues to maintain a narrow downward trend, with prices oscillating and weakly declining without forming a strong rebound. The volume is arranged in a weak bullish form, and the moving averages consistently trend downwards, with the short cycle still in a bearish dominant state.

On the daily level, the operating channel continues to trend downwards, with prices maintaining a weak consolidation. After a plunge in the middle-upper track area, there has not been an effective rebound. The bearish volume continues to shrink, and the moving averages have not made a significant joint upward movement. Personally, I still favor a bearish strategy this week, and whether there will be a rebound to recover will need to be followed up after support is established.

Bitcoin personal trading suggestion: short around 96000, targeting 95000-94000. If it breaks through, continue to look down!

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