Mr. Crypto: Bitcoin Market Analysis and Reference for November 28th

Bitcoin Market Analysis (November 28th): Yesterday, Bitcoin maintained a consolidation trend, fluctuating within a 2000-point range. It reached a high near 91930 before encountering resistance and pulling back. Currently, the downward trend continues, with bulls and bears locked in a stalemate. The hourly Bollinger Bands are narrowing. Short-term support is around 90,000. A break below this level would test the 4-hour moving average around 88,000. Conversely, a rebound would test the daily moving average resistance. Overall, the market is expected to remain in consolidation, with 90,000 as the key support level, followed by 88,000. Bitcoin Short-Term Trading Strategy (November 28th): Short at 93500-94500, stop-loss at 96500, target below 92500. Long at 88500-87500, stop-loss at 500, stop-loss at 84000, target above 89500.