Crypto Circle Sister Hong 11.24: Bitcoin rebound exceeds expectations—can it recover and surge this week? Latest Bitcoin (BTC) market analysis and trading suggestions!

Bitcoin is currently priced around 87,500. The day before yesterday, Sister Hong mentioned that BTC would rebound on the 4H level, and it has now successfully stabilized above the middle band and is currently approaching the upper band, which can be considered as the first take-profit target for long positions. KDJ is showing signs of being overbought, so be cautious of a possible reversal at the top; RSI still has room to move upward. Sister Hong suggests reducing long positions and holding, continuing to watch for a breakout of the BOLL channel bottleneck. This week, first look at the resistance at the dual lines of EMA60 and MA60 (above 90,500); for support below, first consider entering long if the middle band is not broken!

On the daily chart, KDJ has successfully turned upward from a low position and formed a convergence-divergence, while RSI is also at a low level and entering an upward convergence phase, suggesting that the rebound potential this round is also quite promising. Sister Hong’s contrarian low-long positions last week were nearly perfect. This week, focus on whether the EMA7-EMA10 range can be effectively broken through and the situation of DIF and DEA convergence before selectively opening main short positions!

Sell point: ≥90,500 light short, stop loss above 91,500; take profit at 88,500-87,500-86,000. If it breaks below 85,500-85,000, continue to hold.

Buy point: ≤85,500 light long, stop loss below 84,500; take profit at 87,500-88,700-90,500. If it breaks above 91,000, continue to hold.

There is a delay in article review and posting. The above price points are for reference only. Please make your own decisions on trading timing. Take proper risk control when entering trades, and do not go all-in! Thank you for reading! #当前行情抄底还是观望？ #比特币行情观察 #我对Gate广场的建议分享 $BTC $ETH