Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

November 26 BTC market outlook



Yesterday's market was basically just fluctuating back and forth, with a volatility of two thousand points up and down, and neither long nor short positions managed to gain continuity. Fortunately, the high short ideas provided yesterday captured a few waves of pullbacks. In this kind of choppy market, as long as one hits the rhythm right.

The daily chart still clearly shows a downward trend. The previous dip and rebound seem more like a short-term correction, not a trend reversal— the rebound strength is weak, and the price is still stuck in the descending channel. Whether it's the monthly, weekly, or daily chart, the larger cycle patterns are all leaning towards weakness. So even if there is a slight rebound now, I still firmly hold a bearish outlook.

BTC trading suggestion: rebound near 88500-89300, then look down to around 87000-85300; if it breaks, continue to look down to #非农数据超预期 #反弹币种推荐 .
ETH2.4%
BTC-0.03%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)