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#美SEC促进数字资产监管创新 11.17 Night Market Bitcoin Observation
This afternoon, Bitcoin tested the resistance above 95800 and encountered obstacles, reaching a high of 96000 before being pushed back. Why is this 95800 so stubborn? Just look back at the candlestick chart — this is the key neckline from the previous pullback. At that time, it was the breach of this level that triggered the subsequent new lows, so the chip game at this position is quite intense, and it's not so easy to gobble it all up in one go.
To be honest, the current trend is quite exhausting, as it keeps oscillating back and forth within the range of 94500 to 95800. I estimate that the evening session will choose a direction to test, but don't expect much of a significant movement; it will likely continue to consolidate within the range. It’s normal to take a breather in a reasonable range after such a long continuous rise.
The trading strategy remains intraday, and there is currently no need for adjustment. $BTC $ETH