Crypto world Hongjie 11.29: Bitcoin long positions have perfectly arrived! Is the daily chart middle band under pressure, and are short positions coming in? Today's latest market analysis and trading suggestions for Bitcoin (BTC)! #十二月降息预测 #比特币行情观察 #我对Gate广场的建议分享 $BTC $ETH

The current price of Bitcoin is around 90700. The daily low of 90800 for Bitcoin has perfectly reached the 93000 position set by Hongjie, with short positions also arranged for entry, currently being held. The K-line is expected to rebound to the 4-hour EMA120 this evening, forming a pullback to the current EMA15 position. The green bars in MACD are shrinking strongly, KDJ's three lines are spreading downward quickly, and the three lines of RSI are approaching 50. The convergence of DIF and DEA may form a death cross, indicating that the bearish momentum has not yet run its course. In the short term, continue to pay attention to entering short positions after EMA120 is under pressure from above, and key support is at the middle band and EMA30 below. In the daily chart, the K-line is just under pressure at the middle band position, KDJ's three lines are close to oversold, indicating potential for a turnaround, and the three lines of RSI have already turned down from a high position, suggesting that short-term long positions may be peaking. Hongjie advises that future strategy should mainly focus on short positions!

Selling point share: ≥92400 light short positions, stop loss above 93300. Take profit at 91400-90300-89600, if breaking 89500-89000 can continue to hold.

Buying point share: ≤89000 light long positions, stop loss below 88000. Take profit at 90000-91500-92400, if it breaks 92600-93100, it can continue to be held.

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