#BTC Market Analysis - November 26, 2024

1. From the perspective of wave theory, Bitcoin has refreshed the maximum retracement of the small wave level by six thousand points. The fourth wave may have completed, and we may welcome the middle wave's fifth wave in the future 📈.

2. Structurally, the one-hour level channel, turning point, and FVG (Fair Value Gap) from yesterday have all failed, and careful consideration of the expansion of the downward range is necessary. Buying advice is to wait for the confirmation of the four-hour level channel 📊.

3. The 4-hour OB (Order Block) area is near 889, and orders can be considered in this area 📍.

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