11.26 Bitcoin Market Analysis Reference

The Bitcoin trend has attempted to rise again but failed to break through the key resistance above. The market remains within a fluctuating range, and the high has approached the resistance area, but it has not broken upwards. Currently, the price has also pulled back to around 87500, repeatedly testing but failing to break the support line at 86000. However, the rebound strength is gradually weakening. A long lower shadow candlestick has appeared around the 86700 low on the 4-hour level, clearly indicating that there is strong buying support in the 86000 area. On the daily level, there have been three consecutive trading days closing with long upper and lower shadows, intuitively showing that both bulls and bears are fiercely competing within the 87000 to 89000 range.

From the indicator perspective, the 4-hour MACD has formed a golden cross (DIF: -41.84 crossing DEA: -301.68) after showing a bottom divergence signal, indicating that short-term momentum has slightly strengthened; however, the daily MACD is still below the zero axis (-5587), suggesting that the mid-term adjustment pattern has not yet fully reversed. In the moving average system, although the price has successfully broken through the 4-hour EMA7 (87406), it is constrained near the EMA30 (87461), while the daily EMA120 (106654) constitutes a clear and distant long-term pressure above. Therefore, we recommend maintaining short positions in our operations.

11.26 Bitcoin Short-term Trading Strategy Reference:

Short entry point 88500-89500 sell, stop loss at 92500, target below 88000,

Long entry point 85300-86300 buy, stop loss at 500, defend at 83000, target above 87300, #BTC #ETH🔥🔥🔥🔥🔥🔥 #ETH（二饼） #ETH（二饼）