Brothers, the short-selling target can be achieved! The rebound under pressure will come to an end!
On December 1st, the price of Bitcoin is stuck in the range of 93000 to 93400, with particularly strong resistance above. On November 26th, good news was released, and the price broke through 90000, but afterward, the trading volume became weaker and weaker, with no new funds coming in to support it. It briefly surged above 93000, but quickly fell back down.
From a weekly perspective, the price must close above 94500 at the end of the week to have a chance to stabilize and reverse the trend, but the trading volume is still far from sufficient, and the monthly chart has already started to decline. A trend reversal is quite difficult; the 4-hour chart has been fluctuating near the midpoint of a descending channel. If the price falls below 89000, then this rebound market will be considered over. If it falls below 86000, the speed of decline will be even faster.
Sister Xing suggests shorting in the range of 91800 to 92500, with a stop-loss set at 93200, and the target prices to look down at are 90000, 89000, 87500, and also near 86000.
Recently, I plan to ambush a potential coin with a very high possibility of a strong explosive rise, expecting a 10-fold increase is not a problem. Friends who want to seize this big opportunity can pay attention to @crypto星辰 , 进聊天室 for direct sharing.
