2024-11-30 BTC Morning Thoughts
Yesterday, from early morning to late evening, Baisheng maintained a bullish outlook, rising from 95000 to above 98000. By following the early morning strategy, one could secure a profit of 3000 points. The midnight, morning, noon, and evening strategies collectively confirmed more than 5000 points. The actual trading followed the strategy with multiple long positions, achieving a BTC profit of 5084 points and an ETH profit of 110 points, totaling a cash-in of 156230 dollars.
The early morning pullback failed to break below 96000 and instead stabilized around 97000. If it can break through the short-term resistance level of 97800, then the price during the day until noon is likely to touch the previous high of 98700 to test resistance again. Conversely, it may still pull back to around 95500.
Morning trading suggestions:
Short near 98000-98500, aiming to see a drop to around 96000-95500.