Bitcoin: 91800 Resistance Level Tested Three Times, Short Position Logic Solidified

Last night, a bearish doji signal appeared on the four-hour chart for Bitcoin, and the market responded with a pullback, resulting in a 600-point profit from previously established short positions. From a technical perspective, the 91800-91900 range has become a core resistance zone, having been tested three times (with a peak of 91799 reached early yesterday morning). The strength of this resistance has been fully validated, serving as the core basis for current short positions.

On the indicator front, the MACD momentum on the four-hour chart for Bitcoin continues to shrink, further reinforcing the bearish logic. In terms of operations, short-term focus should be on key support levels such as 90500 and 90000, while long-term profit-taking targets can be set at the 90000 round number. For the medium term, attention should be paid to the effectiveness of the 89000 support, with a step-by-step profit-taking approach appearing more prudent.

It is particularly important to be cautious; if the price breaks through the upper boundary of the descending channel in the 934-938 range, it will disrupt the current bearish pattern, and a phase reversal in the bull-bear trend may occur, potentially leading to further testing of the 95700 key resistance. Only a breakthrough above the 95000 round number can effectively confirm a bullish trend; until then, the market is likely to remain dominated by bearish sentiment.

Layout Sharing Time on November 28 at 8:50

Bearish on Bitcoin 91500-92000, Take Profit at 90500-89000-88000

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。