Evening of November 22:

Too optimistic people have no brains, while too pessimistic people lack reason.

The daily chart of Bitcoin continues to show a rising trend with consecutive bullish candles, and as we approach the weekend on Thursday and Friday, it is not unreasonable to see some price action before the weekend slows down for a correction. Therefore, the current 100,000 level will not be a strong resistance point; it just requires an opportunity to break through 100,000, which should not be difficult.

Looking at the current 4-hour chart, the Bollinger Bands are showing an upward movement. During the midday session, the candlestick reached the upper Bollinger Band and then pulled back, indicating that this price action, which saw a nearly 1,000-point adjustment, is merely a pullback. The candlestick is still supported by the EMA7 indicator and shows no signs of breaking down. In this scenario, there are still opportunities for further upward movement in the short term, so continue to pay attention to the 100,000 level.

The market is ever-changing; specific trading operations will be provided by the stone plate!