律动BlockBeats|Nov 24, 2025 10:31
[BiyaPay Analyst: Bitcoin rebounds to $88,000, major trend remains bearish, focus on shorting at high levels]
BlockBeats News, November 24, Bitcoin rebounded to around $88,000 before facing pressure and pulling back. The daily chart remains below the moving average, with technical indicators showing a death cross, and the overall trend is still bearish. On the hourly chart, consecutive bearish candlesticks indicate a sharp decline, with resistance around the high of 88,200 overlapping with daily chart resistance. Short-term further corrections cannot be ruled out.
BiyaPay analysts believe this rebound is more of a technical correction within a downward cycle. The recommended strategy is to focus on light short positions at high levels, while strictly controlling leverage and stop-losses. BiyaPay now supports trading U.S. stocks, Hong Kong stocks, and futures using USDT, and offers zero-fee trading for cryptocurrency spot and contracts. Users can view real-time market data and diversify their asset allocation through BiyaPay, but should still participate cautiously based on their own risk tolerance.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink