Crypto world Red姐 11.25: Bitcoin 4H middle band support perfectly buy the dip, upper band breakout imminent? Today's Bitcoin (BTC) latest market analysis and trading suggestions!

Bitcoin is currently around 87900. Yesterday, Hongjie mentioned that Bitcoin on the 4H chart was in an overbought pullback state and suggested taking profits on long positions and continuing to buy below the middle band at 85500. Fans who followed this advice managed to buy the dip perfectly! Currently, the price is above the middle band EMA30 on the 4H chart, and there are slight signs of the BOLL upper band turning upwards, which may break yesterday's parallel trend. The middle and lower bands are still in an upward posture, and the green MACD bars are still expanding. The DIF and DEA are crossing upwards and approaching the 0 axis. The three lines of KDJ are turning upwards and may form a convergence. The three lines of RSI are strongly turning upwards, indicating that bullish momentum will continue. We can continue to pay attention to the upper band break, which could reach the EMA60 and MA60 (90200) crossover resistance mentioned by Hongjie yesterday. Hongjie suggests continuing to reduce positions on long trades at the upper band level and holding, and considering to buy again if it pulls back to the middle band without breaking it!

Selling point: ≥90000 light short, stop loss above 91000; take profit at 88100-86800-85800. If it breaks down 85500-85000, it can continue to hold.

Buy point: ≤85800 go long lightly, stop loss below 85000; take profit at 87000-88000-90000. Breaking above 90300-90500 can continue to hold.

There is a delay in article review push notifications. The above points are for reference only. Please grasp the timing for buying and selling yourself, and be sure to implement risk control when entering the market. Do not operate with heavy positions! Thank you for reading!