View on midday of 11.30

From the 4-hour perspective, the current Bitcoin is in a consolidation phase after a rebound, with bulls exerting slight pressure but upward momentum still being suppressed. The short-term range consolidation pattern has not been broken. According to the MACD indicator, although the difference between DIF and DEA has slightly narrowed, it is still in a death cross state, and the green bars have not disappeared. The upward momentum is recovering slowly, and the rebound strength is limited.

It is suggested that if the price can stabilize above 91000 in the short term, it may test the previous resistance zone of 92000-93000; if it falls below the support of 90000, it will retrace to the 88000-89000 range to seek support.

So there is no need to rush into the market. Wait for the coin price to drop to the key support level and confirm before entering the market. For intraday operations, look for a pullback in the trend, and buy during the retracement and sell during the rebound.

Operating Suggestions

Big pancake: 89500-90500, target 91500-93000

Er Bing: 2950-3000 Duo, target 3050-3200

(Personal opinions are for reference only, and everything is subject to the actual market!) #BTC #ETH