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Black Friday market review: Yesterday, the price hit a new low of 58059 before recovering and rebounding, surging to around 59300 and entering a narrow-range consolidation. The current price is near 59268.
The overall long-term bearish trend has not reversed at all. This rebound is only a short-term recovery after a sharp drop. Short-term moving averages continue to suppress, with 61000 forming a strong resistance zone, and the rebound momentum is gradually weakening.
The short-term support below is at 58000. If this support is lost, the bears will push again to new lows.
Operations:
On the rebound to the 60500-61000 range, take a light position to set up short orders, reserve room for adding positions. The target is first near the previous low of 58000. If broken, extend the target to 56300 → 55000. Do not blindly buy the dip in the short term. Keep light positions and strictly control risk. $BTC $ETH #美光市值超越Meta跻身全美前十