11.21 Bitcoin Analysis:

The Bitcoin has once again fallen below the 90,000 mark, with 86,000 becoming a key short-term support, akin to a "lifeline". Currently, Bitcoin is still deeply trapped in a downward channel, and the intraday rebound is merely a technical pullback in the downtrend, not a signal for a bullish reversal. The strong downward move during the night further solidified the bearish sentiment in the market.

From the four-hour level trend, the price is almost running along the lower Bollinger Band, with significantly insufficient rebound volume; the low-level shrinking sideways movement resembles a flicker of light before the storm, accumulating energy for the next downward wave. The overall structure is still bearish, and the market rhythm continues to maintain a pattern of "weak rebound followed by further declines."

Operation suggestion: around 87600-88100 for the long position, looking down to around 86600-85000. #逆势上涨币种推荐