11.27 BTC Midday Analysis: The oscillating strong pattern continues, pay attention to the opportunity for retraction and low absorption.
On November 27, market dynamics indicate that Bitcoin has effectively stabilized above the $86,000 support level after testing it last night, and has now returned above the psychological threshold of $90,000, with short-term market sentiment gradually turning positive.
📊 Current technical structure analysis on the daily level: Overall presenting a磨底修复形态, with the candlestick combination showing a震荡结构 of fragmented bearish and bullish movements. The price has stabilized above the lower Bollinger Band, and key moving averages are starting to turn upward, with bearish volume significantly contracting, indicating that bullish strength is gradually accumulating.
Four-hour level: The Bollinger Bands continue to narrow, limiting short-term volatility. However, the middle band continues to rise, and the pullback lows are gradually increasing, with the overall rhythm being controlled by bulls, forming a technically strong oscillating structure.
⚡ Operation strategy and key positions combined with the current oscillation's strong technical structure suggest adopting a pullback buy-dip approach as the main operational idea. Ideal entry range: around $90,000 - $89,200 Target range: $92,000 → $93,000 Key defense level: Suggested stop-loss set at $88,500 Risk warning below: Although the short-term structure is relatively strong, Bitcoin faces significant resistance in the $90,000 to $95,000 range, and market sentiment remains in the "extreme fear" zone, indicating the possibility of market fluctuations. Please be sure to set strict stop-loss orders, controlling single-transaction losses within 1%-2% of the total capital.
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.
11.27 BTC Midday Analysis: The oscillating strong pattern continues, pay attention to the opportunity for retraction and low absorption.
On November 27, market dynamics indicate that Bitcoin has effectively stabilized above the $86,000 support level after testing it last night, and has now returned above the psychological threshold of $90,000, with short-term market sentiment gradually turning positive.
📊 Current technical structure analysis on the daily level: Overall presenting a磨底修复形态, with the candlestick combination showing a震荡结构 of fragmented bearish and bullish movements. The price has stabilized above the lower Bollinger Band, and key moving averages are starting to turn upward, with bearish volume significantly contracting, indicating that bullish strength is gradually accumulating.
Four-hour level: The Bollinger Bands continue to narrow, limiting short-term volatility. However, the middle band continues to rise, and the pullback lows are gradually increasing, with the overall rhythm being controlled by bulls, forming a technically strong oscillating structure.
⚡ Operation strategy and key positions combined with the current oscillation's strong technical structure suggest adopting a pullback buy-dip approach as the main operational idea.
Ideal entry range:
around $90,000 - $89,200
Target range: $92,000 → $93,000
Key defense level: Suggested stop-loss set at $88,500
Risk warning below:
Although the short-term structure is relatively strong, Bitcoin faces significant resistance in the $90,000 to $95,000 range, and market sentiment remains in the "extreme fear" zone, indicating the possibility of market fluctuations.
Please be sure to set strict stop-loss orders, controlling single-transaction losses within 1%-2% of the total capital.