Consolidation is accumulation, and volatility is opportunity! BTC is performing a "high-wire act" at the critical level of 87500, and tonight's data at 21:30 may trigger a massive shakeup. Smart capital has already quietly positioned itself; are you still on the sidelines?
News Analysis
Due to the impact of the US Thanksgiving holiday, initial unemployment claims data will be released tonight at 21:30, and this unexpected change may disrupt market balance.
Historical data shows that unemployment claims often trigger fluctuations in the US dollar, which in turn impacts the cryptocurrency market—if the data is strong, it may reinforce expectations of a rate hike by the Federal Reserve, indirectly putting pressure on BTC; if the data is weak, it may ignite risk-averse sentiment, helping BTC to break through.
Moreover, with U.S. markets closed tomorrow, liquidity contraction may amplify market fluctuations, and investors should be wary of 'black swan' events.
Technical analysis
From a technical indicator perspective, BTC's key level has fallen below 87500, with strong resistance above at 90000, 93700, and 96000 forming multiple barriers. Support below is focused on the 86000-85000 range. The MACD yellow and white lines have dropped below the 0 axis and are showing a dead cross trend, suggesting a short-term reduction in momentum, but the current price structure still leans bullish.
This 'strong force within the dead cross' hides a mystery—could the pullback be a good opportunity for bullish positioning? Close attention should be paid to changes in volume. If support is lost, the next defense line points to 83000, but if the pressure zone can be broken, the market may enter a new round of explosive growth.
Mig's personal opinion:
Personally, I lean bullish, as market sentiment and capital flow still favor the bulls. Although there is a dead cross signal, the bulls still dominate the market. Looking at two scenarios: if it breaks above and stabilizes at 89000, we can look for a surge above 93700; if it falls below 86000, the re-entry point can be around 84000, with support at 83000.
Market analysis is 'planning', but the market is 'real combat'. If you always feel like you are one step behind the market, and it’s always 'buying leads to a drop, selling leads to a rise', then I tell you, you are not lacking analysis; you are lacking a professional guide who can remind you in real-time of 'opportunity is here' and 'run fast'!
Want to know how my friend Mig led the brothers in the village to avoid spikes and ambushes precisely? Follow Mig and participate in every attack by the villagers! Mig will announce specific entry times and real-time news every day in the village!
