11.27 BTC Daily Analysis

From the intraday perspective, BTC is in a pressured consolidation state. After a quick rebound following a dip to the key support level of 86300 in the evening, the current price is firmly above the 90,000 mark. The short-term bullish momentum is steadily warming up, and the rebound energy is gradually being released.

On the four-hour level, the price oscillates and consolidates around the middle band of the Bollinger Bands. The narrowing of the Bollinger Bands temporarily suppresses the amplitude of fluctuations, but the middle band continues to rise steadily, with the low points of the pullbacks also continuously increasing. The core rhythm dominated by the bulls remains unchanged. After a short-term consolidation, there is hope for further continuation of the rebound trend.
It is recommended to pull back around the 89600-88800 range, looking up to the 91000-92000 range.
The concubine also has a low threshold strategy, with a pullback to 3000-2960, targeting around 3050-3150.