I reminded not to blindly short in the early hours of yesterday, and as a result, the price surged directly to 90880 this morning. The rise during the night was really strong, and the large bullish candle on the daily chart combined with increased volume clearly indicates that the bullish sentiment has warmed up significantly, with the support line moving upwards all the way and the momentum being quite strong.
From the chart, the short-term moving averages have formed a bullish arrangement, and the MACD golden cross is still ongoing. However, the price is currently slightly below the 5-day line, and both the KDJ and RSI have entered the overbought zone, indicating that there is still pressure for a short-term pullback. The selling pressure from sellers has significantly weakened, and the trading volume has continued to shrink to a low level. Multiple signals combined confirm that the bottoming process is basically complete, and a rebound should be likely in the future.
Operation Ideas:
Wait for a pullback to the range of 88500-89500 to consider entering a long position, with a target around 93000.
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DarkPoolWatcher
· 11-30 01:54
Ah, I should have listened to you yesterday, now I'm really regretting it.
Wow, the speed of this pump is really amazing, I need to protect that position at 88500.
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DataBartender
· 11-29 23:37
Okay, what you said yesterday was really on point, this wave indeed rose sharply. I remember the level between 88500 and 89500, I'll wait for a pullback to enter a position.
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VirtualRichDream
· 11-27 02:27
Damn, you really called it yesterday, this pump wasn't as gentle as I imagined.
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GweiObserver
· 11-27 02:20
Wow, I really dodged a bullet yesterday, almost got trapped in shorting, this pump was indeed fierce.
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MagicBean
· 11-27 02:16
If I had known, I should have listened to you yesterday. Now it has all risen, and the position at 88500 is indeed tempting.
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OfflineValidator
· 11-27 02:13
I didn't short yesterday because I listened to you, and now it turns out to be right haha. This pump is indeed fierce.
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gas_fee_therapy
· 11-27 02:04
Haha, I was also thinking yesterday whether I should buy the dip. Your reminder gave me a sense of reassurance. The rise to 90880 is really nice.
I was a bit slow to react, and by the time I figured it out, it had already risen. This is the fate of retail investors, always missing out on that critical wave.
88500 is indeed a good place to buy the dip, I'm also watching this position.
Should we enter a position together and rush towards 93000?
#数字货币市场回升 1.27 Morning Bitcoin Observation Notes:
I reminded not to blindly short in the early hours of yesterday, and as a result, the price surged directly to 90880 this morning. The rise during the night was really strong, and the large bullish candle on the daily chart combined with increased volume clearly indicates that the bullish sentiment has warmed up significantly, with the support line moving upwards all the way and the momentum being quite strong.
From the chart, the short-term moving averages have formed a bullish arrangement, and the MACD golden cross is still ongoing. However, the price is currently slightly below the 5-day line, and both the KDJ and RSI have entered the overbought zone, indicating that there is still pressure for a short-term pullback. The selling pressure from sellers has significantly weakened, and the trading volume has continued to shrink to a low level. Multiple signals combined confirm that the bottoming process is basically complete, and a rebound should be likely in the future.
Operation Ideas:
Wait for a pullback to the range of 88500-89500 to consider entering a long position, with a target around 93000.
$BTC $ETH $SOL