Looking at the 4-hour chart, the Bollinger Bands are narrowing, and market volatility has clearly decreased. After the price dropped to the support level earlier, it has now formed a small bullish candle, which signals a stabilization after the drop. However, this rebound isn’t strong, and overall the price is still fluctuating within a downward channel.
To be honest, there’s no need to get too excited about this rebound. The bigger trend is still bearish, and this recovery looks more like a technical correction. The key is to watch those resistance levels above and see if the price can truly hold above them. Don’t get distracted by short-term fluctuations—keep your eyes on the bigger trend. Wait until the trend really reverses before considering a strategy adjustment.
Today's trading ideas:
$BTC Bearish zone: 88900-89400 area could be considered for short positions Downside target: around 86000-85500
$ETH Bearish zone: 2880-2900 has obvious resistance Downside target: 2830-2810 area
Kind reminder: The market is currently in a tug-of-war between bulls and bears, and rebounds may face resistance and pull back at any time. It’s recommended to test with light positions and set strict stop-losses—don’t go heavy on shorts. Market sentiment changes quickly, so adjust your strategy according to the market conditions at any time.
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GasFeeSurvivor
· 2025-11-26 22:07
Bollinger Bands are converging, and you think there's going to be a rebound? Wake up, this is just a technical correction, don't be fooled.
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Here we go again, trying this trap with a Light Position, it feels like I say this every time and end up getting trapped.
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The 88900 short order layout is ready, just waiting for that wave at 86000, hold on tight.
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The US Non-farm Payrolls (NFP) data is good, but this rebound strength is indeed mediocre, struggling in the downward channel.
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Strict stop loss settings are the way to go, how many people have suffered losses because of this with Heavy Positions.
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0xLostKey
· 2025-11-25 05:38
As soon as the Bollinger Bands narrow, you know something's about to happen. This rebound is probably just a trap—don’t be fooled by a false bottom.
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LiquidationTherapist
· 2025-11-25 00:31
I'm tired of this Bollinger Band contraction pattern. A rebound is just a rebound; it's still early to hold above. Don't rush to get excited yet.
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NFTragedy
· 2025-11-24 03:11
Is the Bollinger Band narrowing a signal to buy the dip? I think it's questionable. This rebound feels like it's made of paper; it will burst with just a poke. It's better to wait for a real trend signal to emerge, don't be fooled by a few small bullish lines.
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MetaverseLandlord
· 2025-11-24 03:10
A Bollinger Band squeeze is the most deceptive kind of market—any rebound is just a fake-out. You really have to wait for a true trend reversal.
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DegenDreamer
· 2025-11-24 03:10
The Bollinger Bands are narrowing, and you're thinking of entering a position? Wake up, this is just a technical correction, the overall direction hasn't changed.
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ETHmaxi_NoFilter
· 2025-11-24 03:08
This Bollinger Bands squeeze feels like they're just shaking out weak hands. Don't get fooled by this little rebound.
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Here comes the "testing the waters with a light position" talk again—heard it so many times, it's getting old. What really matters is whether support gets broken.
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Even good NFP data can't change the fact that we're in a downtrend. The technicals are right there.
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Setting up short positions in the 88900-89400 range, hoping it can drop to 86000 next.
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Honestly, chasing shorts now is just gambling. It's safer to wait for a clear signal before making a move.
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There's a lot of resistance at ETH 2880, but the rebound is also pretty strong—be careful not to get liquidated on the wrong side.
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Set your stop losses properly, otherwise this kind of choppy market is the easiest way to get liquidated.
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The overall short bias is right, but you still need to pay attention to the details—don't just blindly follow the crowd.
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Feels like market sentiment hasn't fully played out yet; the real drop might still be ahead.
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CounterIndicator
· 2025-11-24 03:08
The Bollinger Bands are narrowing again with a small bullish line appearing, but this rebound is really not enough to see; we still have to wait for the trend to reverse.
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zkNoob
· 2025-11-24 03:05
The Bollinger Bands are narrowing this time, it feels like they're holding back a big move... A small bullish line that stops the fall is a good signal, but really, don't be fooled. This kind of rebound in a downward channel is just a trap.
#美国非农就业数据表现优于预期 November 24 Market Observation:
Looking at the 4-hour chart, the Bollinger Bands are narrowing, and market volatility has clearly decreased. After the price dropped to the support level earlier, it has now formed a small bullish candle, which signals a stabilization after the drop. However, this rebound isn’t strong, and overall the price is still fluctuating within a downward channel.
To be honest, there’s no need to get too excited about this rebound. The bigger trend is still bearish, and this recovery looks more like a technical correction. The key is to watch those resistance levels above and see if the price can truly hold above them. Don’t get distracted by short-term fluctuations—keep your eyes on the bigger trend. Wait until the trend really reverses before considering a strategy adjustment.
Today's trading ideas:
$BTC Bearish zone: 88900-89400 area could be considered for short positions
Downside target: around 86000-85500
$ETH Bearish zone: 2880-2900 has obvious resistance
Downside target: 2830-2810 area
Kind reminder: The market is currently in a tug-of-war between bulls and bears, and rebounds may face resistance and pull back at any time. It’s recommended to test with light positions and set strict stop-losses—don’t go heavy on shorts. Market sentiment changes quickly, so adjust your strategy according to the market conditions at any time.