Saturday Midnight, Bitcoin Analysis and Trading Suggestions!

After Bitcoin's midnight price fell below 69,000 and was pulled back again, it is currently oscillating around 69,500. The daily line closed with a medium bearish K-line, forming a bearish engulfing pattern. The moving average indicators have not formed a complete bullish trend, and the K-line close is not optimistic, making the sustainability of short-term bulls a concern. Perhaps it will be accompanied by wide fluctuations. The attached MACD indicator shows signs of divergence. With the daily line rising and then falling, short-term upward momentum has slowed down, entering a local consolidation.

From the four-hour chart, after a quick retraction following an inertia-driven high, it is a typical washout strategy, showing that strength is not sustained and weakness has been recovered, accompanied by repeated fluctuations in a washout, without strong unilateral movement, although there is an upward rebound. However, the daily line has not shown a unilateral trend. The short-term has intensified the oscillation, and with the daily and four-hour charts closing with consecutive bearish candles, the K-line pattern leans towards a retreat first. It cannot be ruled out that it will retest the low point of the second wave lift. At midnight, pay attention to yesterday's low point; if it breaks directly, it indicates a continuation of the weak retreat in the short term. Switching between bulls and bears requires flexible responses based on patterns, and in a fluctuating market, the points are more critical than the direction.

Midnight BTC short-term operation: Pullback to the 68,500-69,000 area, targeting 70,500-71,000.

The situation is significant, the winning streak continues, if you're unsure about the bulls and bears, recognize the thought process and move forward together! Create brilliance again! #你问我答 #美国大选后行情预测 #美国大选后涨或跌？