Currently, the 4H is still oscillating. A new concentration of chips signal has appeared at position 1, which may dip after a spike to choose a direction at the key support level. #比特币跳水29万人爆仓 It may first test the new position's 15min support level at 88250~87250, and there will be a rebound near 8.9 to observe the sentiment. If the sentiment is positive, it may return to 90k, oscillating at the 15min level over the weekend, and choose a direction on Monday. On Monday, only 2H level points can be placed. There is a message for everyone: 15min sideways for about a week can be taken at the 2H level points, while 15min sideways for one to two months requires points at the 4H level or above. The lower 2H support level looks at 85600~84600. The upper 2H resistance level looks at 93600~94680.
The performance of the Yi Tai intraday market is relatively strong compared to Bitcoin, but the upper resistance level at 3200 on the hourly chart has not been broken, limiting the rebound momentum. Today's key focus range: upper resistance at 3250 and lower support at 3100. Operational suggestion: Yi Tai rebound at 3200-3220 to short, target 3100.
Bitcoin (BTC) Market Analysis: Currently, BTC is exhibiting a typical "high-level converging oscillation" pattern, which is a clear signal before the initiation of a one-sided market. The price oscillates repeatedly within the range of 93,400-93,800, with fluctuations gradually narrowing, and the forces of bulls and bears reaching a phase of balance in this area. The current phase has entered the last accumulation stage before the breakout. Operating suggestions: Buy near 91,500-92,500 Target 93,500-94,500
Recently, the overall market fluctuations have been quite large, increasing the difficulty of short-term operations. Currently, Bitcoin is clearly at a high position. Recent news has also been frequent. The competition between bulls and bears is quite evident, after all, the end of the year is approaching. Capital outflow is also clearly noticeable. Just maintain a good risk awareness. Currently, it is still recommended to focus on high positions. The four-hour big pie top signal has already appeared. It is suggested to enter positions between 93800 and 94000. Defend at 95000.