Crypto world Red Sister 11.30: Bitcoin daily chart middle band continues to be under pressure, achieving a two consecutive bearish trend. Where to look for the critical breaking point of short positions? Today's latest market analysis and trading suggestions for Bitcoin (BTC)!

#比特币行情观察 $BTC $ETH
The current price of Bitcoin is around 90500. Bitcoin continues to fluctuate within a narrow range throughout the day, and the market remains within the 1H channel. Currently, the three BOLL bands are parallel, and after the green bars in the MACD expand and then contract, we will see how the volume changes after the death cross. The three KDJ lines are converging downwards, and the three RSI lines are also converging downwards, crossing below 50, indicating that the bearish momentum has not yet completed. First, pay attention to the low point from early yesterday and a break of the 4-hour EMA30 range to reach the 4H lower band position. In the 4-hour BOLL channel, it shows a contraction pattern, and with the possibility that the market may not move significantly over the weekend, in the short term, Hongjie suggests taking profits when possible and continuing to wait for a rebound to enter high short positions when the daily EMA15 and middle band range are under pressure.

Selling point sharing: Short positions ≥91700, stop loss above 92600. Take profit at 90900-90100, if it breaks 89800, you can continue to hold until around 89100.

Buy point sharing: ≤89100 light long, stop loss below 88200. Take profit 90000-91700, breaking 92000-92500 can continue to hold.

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