From the current 1-minute candlestick chart, the short-term trend shows a spike followed by a pullback: the price quickly rose from 88556 to 92696 before retreating, accompanied by an increase in bearish candles, indicating a reduction in short-term bullish momentum and an increase in selling pressure. In terms of moving averages, although it is still in an upward trend, the price is deviating from the short-term moving averages, which indicates a need for a pullback. Operational suggestion: Short in the range of 93500-92800, target near 91800-90000 #加密市场回调 #美联储重启降息步伐 $BTC
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📌11.20【BTC】Silk Road Analysis
From the current 1-minute candlestick chart, the short-term trend shows a spike followed by a pullback: the price quickly rose from 88556 to 92696 before retreating, accompanied by an increase in bearish candles, indicating a reduction in short-term bullish momentum and an increase in selling pressure. In terms of moving averages, although it is still in an upward trend, the price is deviating from the short-term moving averages, which indicates a need for a pullback.
Operational suggestion: Short in the range of 93500-92800, target near 91800-90000 #加密市场回调 #美联储重启降息步伐 $BTC