11.30 midday opinion

Considering the 4-hour frame, Bitcoin is currently in a consolidation phase after a recovery, with bulls showing slight upward pressure, but the upward momentum is still restrained, and the short-term corrective structure has not been broken. According to the MACD indicator, although the gap between DIF and DEA has narrowed slightly, it is still in a death cross state, the green column has not disappeared, the bullish momentum is recovering slowly, and the recovery strength is limited.

If the coin price can hold steady at 91000 for a short time, it is likely to challenge the previous resistance area from 92000-93000; if it breaks the support at 90000, it will return to the range of 88000-89000 to seek support.
Therefore, there is no need to rush into the market; wait for the currency price to drop to important support levels for confirmation before entering an order. In day trading, follow the trend to see the price decrease, buy during the pullback, and sell during the recovery.
Action suggestion
Large cake: 89500-90500 USD, target 91500-93000
Two wheels: 2950-3000 USD, target 3050-3200
(Personal opinions are for reference only, everything is based on actual transactions!) #BTC #ETH