#BTC走势分析

November 25 Bitcoin trend explanation and intraday analysis:

BTC: On Friday, there was a massive drop followed by a rebound, then it formed a small upward candlestick with reduced volume, indicating that there are currently buyers supporting the price, and the strength of the bears is weakening, which is a typical weak rebound pattern under bearish pressure. The daily line closed with a small upward candlestick yesterday, standing above the short-term moving average MA7. If it can maintain a stable state in the next two days, the MA7 moving average will gradually start to turn upwards, indicating a bullish accumulation process, which lays the foundation for a push towards 100,000. The trading volume has not yet increased during the rebound in the past two days; the bulls are in the initial intervention stage, belonging to the stabilization and accumulation phase, and have not yet entered the counterattack phase. The MACD indicator, after a deep dive of the fast line, has started to turn and converge, with the negative value of the histogram gradually shortening, expecting to turn positive, forming a bottom divergence with the price, technically entering a position of 'bearish momentum exhausted, waiting for reversal.' In the subsequent market, if the rebound near 90K does not break down, and the technical indicators follow to form a golden cross, it is expected to challenge the strong resistance around 95K, which will form a short-cycle technical repair market. The pullback range of 83-85 will be a short-term buying opportunity, with the core defense in the 80-78K range, which can serve as the last defensive line for the bulls. For intraday operations, pay close attention to the support level at 86.5-85.5K for rebound opportunities and the resistance level at 88.5-89.5K above.