Recently, the price rose sharply from November 12 to November 13, showing a long positive line, but on November 14, there was a certain degree of correction.

From the perspective of the 4-hour cycle, the K-line at 20:00 on November 13 showed extremely strong upward momentum, but after that, the subsequent K-lines began to shrink gradually, which shows that the strength of the bulls is gradually weakening.

At present, the MACD indicator is at a high level and is gradually flattening, and its fast and slow lines are almost glued together. This situation is likely to indicate that the market will adjust or fluctuate in the short term.

Although the short-term trend is bearish, from a medium- and long-term perspective, the overall bullish pattern remains.

Suggestions for Bitcoin operation

When the price falls back to the 89000-89500 range, you can go long, with the target price set at 91000-91500, and set a 500-point stop loss for defense. Suggestions for Bitcoin (Ether) operation

When the price falls back to the 3180-3220 range, you can go long, with the target price at 3290-3310, and set a 30-point stop loss for defense. #超级MEME周期？ #BTC冲破9万 #美国CPI公布后降息预期上升 #BTC连续破新高，你看到多少？

For more information on Bitcoin, click on the homepage to follow me, the deployment of 100-fold potential coins in the bull market, and daily spot strategy sharing