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 .
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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 .