🔔 November 24th Bitcoin Market Trend Analysis:

Daily resistance range for Bitcoin 88950-88150
The intraday support range for the pancake is 85470-84650
Market Analysis
The recent hourly candlestick chart of the Bitcoin shows a fluctuating trend, with prices oscillating between 86700 and 87000. The integer level of 87000 has been tested multiple times without breakthrough. On the daily chart, yesterday's closing price was lower than the previous day's opening price, forming a bearish candle. However, it is still in a high-level consolidation overall. The MACD on the hourly level has the histogram turning from red to green, with DIF and DEA gradually approaching, indicating a weakening short-term bullish force. The daily MACD remains above the zero line but shows signs of a pullback. The RSI on the hourly level is at 53, in the neutral zone, with no obvious overbought or oversold signals. The daily RSI has pulled back from a high level and is currently close to 60, with a trend leaning towards consolidation. The EMA on the hourly level, EMA7(87063.5), and EMA30(86445.8) have flattened after crossing, with prices fluctuating around EMA7. The daily EMA120(87691.6) is significantly higher than the current price, indicating substantial long-term moving average resistance. Hourly trading volume has recently decreased, with only 333 in the latest hour, compared to previous higher volumes, showing a decline in market activity. Daily trading volume has sharply shrunk compared to previous days, indicating that market sentiment is becoming cautious.

Suggested operation:
The pancake is hovering around 88950-88150, looking at 87000-86710.
The big pie is around 85470-84650, looking at 86600-87000.

(Personal opinions are for reference only and do not constitute investment advice!) #比特币行情观察