After a narrow consolidation over the weekend, Bitcoin triggered a technical rebound, with prices peaking at the 88100 level before retreating under pressure. The rebound momentum has not been sustained. Observing the 4-hour chart, the Bollinger Bands show a downward narrowing pattern. Although there has been a series of positive candles in the short term, the rebound strength is weak and has not reversed the overall downward structure. The current bearish trend has not seen any substantial change, and it is recommended to primarily adopt a high short strategy.
The large pancake is being accumulated in batches within the range of 87500-88000, looking down to 85500-84500.
The concubine will enter the market in batches in the range of 2850-2880, looking down at 2750-2700.
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Analysis on the afternoon of 11.24
After a narrow consolidation over the weekend, Bitcoin triggered a technical rebound, with prices peaking at the 88100 level before retreating under pressure. The rebound momentum has not been sustained. Observing the 4-hour chart, the Bollinger Bands show a downward narrowing pattern. Although there has been a series of positive candles in the short term, the rebound strength is weak and has not reversed the overall downward structure. The current bearish trend has not seen any substantial change, and it is recommended to primarily adopt a high short strategy.
The large pancake is being accumulated in batches within the range of 87500-88000, looking down to 85500-84500.
The concubine will enter the market in batches in the range of 2850-2880, looking down at 2750-2700.