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11.27 BTC intraday market analysis


Market confirmation: The so-called "bear is coming" is pure nonsense, and BTC has successfully stood above the 90,000 mark, with a clear bullish trend!
Technical Analysis:
The MACD golden cross has formed on the four-hour level, bullish volume continues to increase, and the upward momentum is sufficient;
The RSI value has reached 78, entering the strong buying zone, with the market completely dominated by bulls;
The hourly MACD shows bullish signals or expectations of reduced volume, with a high probability of a slight pullback in the short term (which is a healthy correction).
Day trading strategy: Long positions in the range of 88500-89200, targeting 93300, and if it breaks through, look towards around 94500.
#BTC #ETH #PI #SOL
BNB-0.33%
IP-2.18%
SOL-2.01%
ETH-0.79%
BTC0.02%
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