Morning Operation Strategy on November 24
I just took a look at the Bitcoin 4-hour chart, and the current price is around 86600, with a slight increase of 1.5% in the last 24 hours, indicating a state of "quietly bullish in a fluctuation."
Now, you can make small purchases to go long, but do not chase high prices; you can try shorting with a small position when approaching the resistance level above.
Opportunities to go long:
Wait for a pullback to buy in batches within the range of 85500-86000, or wait for a stable position above 87500 before chasing the breakout for more stability.
Set a stop-loss directly at 84700; if it falls below that, take the loss and exit. This is just a little over 2 points of risk, with the initial target at 88300, and if it can break through, look at 89900.
Where can you try shorting?
Wait for the price to rise to the resistance level of 88300-88500. If it struggles to break through and the candlestick shows a long upper shadow or a bearish candle, then short with a small position. Set the stop-loss at 89000, aiming to take quick profits near 87000.
Why do I see it this way?
1. The technical aspect gives some confidence: MACD has just crossed bullish, moving averages are also starting to align upwards, and the price is above the mid-band of the Bollinger Bands, indicating a state of "strong but not crazy."
2. Short-term money is coming in: There is a net inflow of 112 million dollars in 1-hour contracts, but medium to long-term funds are still exiting, so do not go heavy.
3. The volume is okay: There was no volume when prices fell, but there is volume when they rise, indicating a healthy buying state.
