11.19 Midday Market Analysis | BTC Short-term Bias Slightly Bullish, Beware of Profit-Taking and Pullback

Conclusion: 4H Slightly Bullish, Above Bollinger Middle Band + KDJ Golden Cross, Prioritize Low Buying; but recent multiple "good news rally followed by retracement," avoid chasing the top.

Key Levels
• Support: 86,300～85,800
• Defense: 85,500 (Weakens if broken)
• Resistance: 88,000
• Outlook: 88,800～89,500 (Requires volume increase)

Trading Suggestions (Choose one to execute)
1) Dip Buying: Buy in batches around 86,300, stop loss at 85,500; take profit at 87,600 / 88,000 (move stop loss to cost basis upon reaching first target).
2) Breakout Follow-up: After volume confirms steady above 88,000, buy on pullback if it does not break below 88,000; exit if it falls back below 88,000; target 88,800～89,500.

Risk Reminder: Volatility increases around major announcements/data; trade with low leverage and small positions, strictly adhere to stop-loss.