Academician of currency circle: 11.29 Bitcoin teacup pattern exposed: How will the next wave of market play out?

Bitcoin is currently priced at 95050. It is now 3:40 am Beijing time. From the overall market situation, Bitcoin will continue to consolidate at a high level. Yesterday's thinking said that the bullish trend remains unchanged, and all retracements are opportunities, but there is no suitable entry point for both long and short positions, so there was no arrangement yesterday. I chose to continue waiting for opportunities and entry points. I have said before that when the train we are waiting for has not arrived, we just need to wait at the station. Don't get on the train casually, otherwise you will go further and further

Looking at the current market, the daily K-line is as high as 96565 and as low as 94640. It has been almost the whole day. In the sideways market, it is a slow decline. The EMA15 trend fast line support has not ended and has stretched to 92400. MACD has shrunk downward, DIF and DEA have spread downward from high positions, the Bollinger Bands have shrunk, the upper track has fallen to 102500, and the middle track has stretched to 91500. It was still at 90500 the day before yesterday. The support has moved up and KDJ has shrunk. This is a typical boiling frog stage. Everyone should pay attention. The four-hour K-line has gone out of the teacup shape. The top has been determined to be a short-term high point formed at 97200. Then the next time it probes this position, you can arrange a short position. Just wait for now. The fast line has come to the intersection of EMA trend indicators 15 and 30 at 95000. The overall trend is shrinking, so two positions can be used as reference. The previous high of the key pressure is 97200, and the key support EMA120 trend line support is above 90300. MACD volume decreases, the ladder volume decreases, DIF and DEA are blocked by 0-axis pressure and begin to shrink. The Bollinger Bands enter a downward channel. The upper rail pressure level refers to 97150, and the lower rail support comes to 91300. The overall trend is currently at a short-term crossroads, but don’t forget the bullish trend. The trend has not ended yet. The short-term is indeed in a downward channel. If 90,000 is not broken, go long decisively. Go short at 97,000 above. Set a stop loss.

Short-term thinking reference:

Short at 97,000 to 97,500 above, stop loss 500 points, target 96,000 to 95,000, break to 94,000 to 93,000

Long at 91,500 to 91,000 below, defend 90,500 to 90,000, stop loss 500 points, target 92,500 to 93,000, break to 94,000 to 95,000

I am a warrior who has been protecting leeks. Come on! $BTC #比特币行情分析