Although the daily chart shows a breakout above the MA7 and the Bollinger Bands are narrowing, this only indicates a correction after a continuous decline, not a true reversal. The overall structure remains within a downtrend channel. How to trade in the short term? Currently, there is short-term support at the 90,000 level, which can be seen on the candlestick chart. There might be a false breakout. The upside can be referenced using the trendline as a support-turned-resistance level, with 95,000 as a dividing line. In summary, for Bitcoin, consider going long at 89,300-88,500 and going short at 93,500-94,300. That's all for today. I'll continue with daily updates when I have time. Thank you for your attention and reading! These suggestions are for reference only. Manage your risk carefully before entering a trade. Profit and stop-loss levels are your own responsibility. Specific strategies should be based on real-time market conditions; feel free to consult me. Alright, friends, see you next time! I wish you all the best in your crypto endeavors and a bright future! More real-time suggestions will be sent internally. That concludes today's brief update. For more real-time suggestions from Bitcoin Auntie, click on her profile picture and find her in the homepage introduction. By Gege, a trader and a friend willing to help you get back on your feet.
The upward correction driven by indicators is not a reversal; below 95, there is still an opportunity for short sellers.
2025-11-28 13:46:42
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