#BTC走势分析
November 26 Bitcoin trend explanation and intraday analysis:
BTC: Currently, BTC has completed a phase of stopping the decline, but has not yet emerged from the trend reversal. It formed a clear long lower shadow 'hammer' line at 80600 USD, and the subsequent rebounds have all resulted in short small bullish candles with reduced volume, indicating weak upward momentum. The current price is stuck in the 87-88 range, which is the battleground of bulls and bears from the previous breakdown, and is clearly suppressed in the current weak rebound, so overall it is in a stage of rebound within a structural downtrend, and the trend has not reversed. The short-term moving average system MA7 has been broken, but it still needs time to turn upward; the medium-term moving averages (MA14/30/90) are all maintaining a downward diverging bearish arrangement, especially the monthly line around 100K, which will become an important threshold for Bitcoin's rebound, and it is also the standard for Bitcoin to resume its bullish trend. The trading volume shows a rebound with reduced volume, and no signs of bullish breakout with increased volume have been observed, which is a typical 'bearish exhaustion + bullish hesitation' rebound, not a reversal driven by main forces. The MACD indicator's two lines are deeply positioned below the 0 axis, indicating a medium-term bearish trend; however, in recent days the two lines have been converging, entering a rebound repair phase; the negative value of the histogram is gradually shortening, indicating a weakening of bearish momentum; overall, under the medium-term bearish trend, a phased repair rebound has occurred. For the upcoming market, in the next 1-3 days, it is expected to slightly retrace around 85 without breaking, and continue to attack the 89-92 range; if a significant macro favorable news appears, and there is an external increase resonance, there might be a chance to push up to 95 or even attempt to touch around 100K. Currently, the volume is too low, making it a small probability. In intraday operations, pay close attention to the support at 86.8-85.5 to look for rebound opportunities, and focus on the resistance at 88.8-89.8 above.
November 26 Bitcoin trend explanation and intraday analysis:
BTC: Currently, BTC has completed a phase of stopping the decline, but has not yet emerged from the trend reversal. It formed a clear long lower shadow 'hammer' line at 80600 USD, and the subsequent rebounds have all resulted in short small bullish candles with reduced volume, indicating weak upward momentum. The current price is stuck in the 87-88 range, which is the battleground of bulls and bears from the previous breakdown, and is clearly suppressed in the current weak rebound, so overall it is in a stage of rebound within a structural downtrend, and the trend has not reversed. The short-term moving average system MA7 has been broken, but it still needs time to turn upward; the medium-term moving averages (MA14/30/90) are all maintaining a downward diverging bearish arrangement, especially the monthly line around 100K, which will become an important threshold for Bitcoin's rebound, and it is also the standard for Bitcoin to resume its bullish trend. The trading volume shows a rebound with reduced volume, and no signs of bullish breakout with increased volume have been observed, which is a typical 'bearish exhaustion + bullish hesitation' rebound, not a reversal driven by main forces. The MACD indicator's two lines are deeply positioned below the 0 axis, indicating a medium-term bearish trend; however, in recent days the two lines have been converging, entering a rebound repair phase; the negative value of the histogram is gradually shortening, indicating a weakening of bearish momentum; overall, under the medium-term bearish trend, a phased repair rebound has occurred. For the upcoming market, in the next 1-3 days, it is expected to slightly retrace around 85 without breaking, and continue to attack the 89-92 range; if a significant macro favorable news appears, and there is an external increase resonance, there might be a chance to push up to 95 or even attempt to touch around 100K. Currently, the volume is too low, making it a small probability. In intraday operations, pay close attention to the support at 86.8-85.5 to look for rebound opportunities, and focus on the resistance at 88.8-89.8 above.