#比特币行情观察 reviewed the trading hours on Thursday after a straight pump to 86596, with the intraday high touching 91950, followed by a volatile drop to stabilize around the low point of 90410, currently consolidating around the 90800 range; Ether is moving upwards in sync, starting from 2905 and climbing to a high of 3070, then dropping under pressure to 2983, currently building momentum near the 3000 mark. In terms of intraday trading strategy, Teacher Ma led the students in executing 4 long trades on BTC, totaling a profit of 5378 points; Ether also achieved a gain of 100 points.
From the current market perspective, the 4-hour chart of Bitcoin shows a clear oscillating upward structure. The price has been continuously rising along the upper Bollinger Band recently, but the trading volume has always been weak, becoming the core factor restricting further price surge. Currently, there are obvious signs of a pullback. In terms of technical indicators, the MACD golden cross continues to diverge, and while the KDJ has shown a turning point at a high position, it has not formed a death cross, indicating an overall bullish pattern; when observing the hourly chart in detail, short-term indicators show divergence, and the short-term is in a slight adjustment and repair phase. It is crucial to pay attention to the fact that today coincides with Thanksgiving and the US stock market is closed, which limits market liquidity. It is expected that the overall volatility will further narrow in the early morning, making it difficult for large unidirectional trends to occur. In terms of operations, the core support level focuses on the 89000 line. If the price does not effectively break below this support during the early morning pullback, Bitcoin is expected to continue the daily upward trend, gradually testing the strength of the resistance range between 92000 and 92500 above. In summary, for the early morning trend, it is recommended to focus on "buying the dip" while avoiding chasing high prices, and relying on key support levels to layout long positions is more cost-effective. BTC can be bought around 90000-90500, with a target of 92000, and if it breaks above, look at 93000. Buy BTC around 2990-2970, target at 3100.
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#比特币行情观察 reviewed the trading hours on Thursday after a straight pump to 86596, with the intraday high touching 91950, followed by a volatile drop to stabilize around the low point of 90410, currently consolidating around the 90800 range; Ether is moving upwards in sync, starting from 2905 and climbing to a high of 3070, then dropping under pressure to 2983, currently building momentum near the 3000 mark. In terms of intraday trading strategy, Teacher Ma led the students in executing 4 long trades on BTC, totaling a profit of 5378 points; Ether also achieved a gain of 100 points.
From the current market perspective, the 4-hour chart of Bitcoin shows a clear oscillating upward structure. The price has been continuously rising along the upper Bollinger Band recently, but the trading volume has always been weak, becoming the core factor restricting further price surge. Currently, there are obvious signs of a pullback. In terms of technical indicators, the MACD golden cross continues to diverge, and while the KDJ has shown a turning point at a high position, it has not formed a death cross, indicating an overall bullish pattern; when observing the hourly chart in detail, short-term indicators show divergence, and the short-term is in a slight adjustment and repair phase. It is crucial to pay attention to the fact that today coincides with Thanksgiving and the US stock market is closed, which limits market liquidity. It is expected that the overall volatility will further narrow in the early morning, making it difficult for large unidirectional trends to occur. In terms of operations, the core support level focuses on the 89000 line. If the price does not effectively break below this support during the early morning pullback, Bitcoin is expected to continue the daily upward trend, gradually testing the strength of the resistance range between 92000 and 92500 above. In summary, for the early morning trend, it is recommended to focus on "buying the dip" while avoiding chasing high prices, and relying on key support levels to layout long positions is more cost-effective.
BTC can be bought around 90000-90500, with a target of 92000, and if it breaks above, look at 93000.
Buy BTC around 2990-2970, target at 3100.