BTC Zhenghe November 30 analysis

Daily level: Current price is about 90600 - 91150 USD. The daily line has formed two consecutive bearish candles, indicating a short-term correction trend. The EMA15 trend fast line is forming resistance at the 91500 position, and the overall trend indicators are under pressure. However, the MACD is showing an upward expansion, creating a divergence with the K line at the bottom. There is a conflicting situation between the indicators. Meanwhile, the K line faces significant resistance at the 92600 position in the Bollinger Bands, and there is considerable upward pressure in the short term. Additionally, although there were golden cross signals and bullish engulfing patterns, the insufficient trading volume has led to low signal confirmation, resulting in a strong wait-and-see sentiment in the market.
Four-hour level: A new round of box formation at the 90,000 level, with 90,000 as the bottom support. The upper EMA120 trend line at 93,000 is an important resistance point, while 94,200 is a key trend node. MACD continues to shrink downward, and the Bollinger Bands show a contracting trend, with the upper band dropping to 92,800 and the lower band rising to 88,776. The short-term rising channel is effective, and short-term long positions can be arranged based on the channel support.
Short-term details: The Bollinger Bands are flat on the hourly level, indicating a narrow overall market fluctuation space. During the trading session, there was a non-standard bullish piercing pattern, and a evening star pattern formed by three K lines, further indicating that the short-term trend is unclear. Additionally, the trading volume was sluggish over the weekend, creating a consolidation pattern of a large box nested within a small box, with a high probability of a breakout occurring only on Sunday evening.
Key points: Strong support below at 84570 USD (cost basis formed by large on-chain transactions), short-term support focusing on 89000 USD; resistance above looks at 91500 USD, 93000 USD, with strong resistance at 104765 USD and 112340 USD. #成长值抽奖赢iPhone17和周边