11.26 Shiyao Afternoon Analysis; #加密市场反弹

Looking back at the early morning, the Bitcoin price dropped from a high of 88098 to a low of 86131 before starting a fluctuating recovery trend, reaching a peak of 87870 in the morning session. Yitai also shows a fluctuating recovery trend, overall similar to Bitcoin's trajectory.

As shown in the four-hour chart, Bitcoin has exhibited six consecutive bearish candles before halting its decline and rebounding. The middle line of the Bollinger Bands has not been affected by the previous drop and continues to maintain an upward trend; in contrast, the one-hour chart shows a fluctuating rise with alternating bullish and bearish movements in a wave-like manner. Currently, the coin price is still above the middle line, and with the pullback, the lows are gradually increasing. Therefore, we can suggest going long this time.

Long near Bitcoin 87000, target near 89000

Long near Yitai 2940, target near 3020