#比特币波动性 11.25 Morning market observation notes

A certain mainstream platform coin is currently hovering around 867, and the hourly chart shows some interesting movement—going up for a bit then pulling back, a typical high-level tug-of-war. The price is still grinding along the upper edge of the Bollinger Bands, with no signs of a collapse for now.

However, I must remind you: the K and D lines of the KDJ have already soared into the overbought zone, and the J line is starting to turn down, which means that the bulls are catching their breath. Although the red bars of the MACD are still present, and both the DIF and DEA are moving upwards, it is clear that the momentum is insufficient. At times like this, chasing highs is the most dangerous.

My approach is as follows:
If you are bullish, 865 must be held; if it stabilizes, you can test the resistance above. If it falls below 865, the mid-line 855.67 is a key position. A more cautious approach is to wait for a pullback to the 850-825 range, then take a small position to go long, targeting 875-890.

That being said, this position is really not suitable for heavy investment. High-level fluctuations + weak bulls, a pullback could happen at any time, remember to set your stop loss. $ETH $BNB $XRP can also be observed for its correlation.