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Yesterday, Bitcoin experienced a strong rally, directly breaking through the $89,500 level, and continued to rise in the early hours. Currently, it is under pressure around $91,000. The Black Friday curse still seems to be affecting market sentiment.
Let's analyze the possible movements in the next 24 hours. Most likely, there will be a high-level surge followed by volatility, with prices oscillating within the $89,500 to $91,000 range.
Looking above, the $90,960 to $91,200 zone is worth paying attention to, but don’t expect a skyrocket—most likely, there will be a sharp pullback from high levels. Below, the $89,500 support from moving averages provides a floor, and the $89,000 integer level is stable. If it really breaks below $89,000, the next target zone would be $88,500 to $90,000.
Traders should focus on the $91,000 level. If volume gradually increases and breaks through directly, $92,000 can be added to the target list. Conversely, a high-level surge without volume is often a trap for shorting, and most of the time, it will fall back into the small range of $89,500 to $90,500 to continue consolidating.
For Bitcoin, consider short positions between $89,960 and $91,200, with targets around $90,300 to $89,500. For Ethereum, the $3,100 to $3,150 range is a good entry point, with downside targets at $3,080 to $3,010. SOL’s movement generally follows Bitcoin’s rhythm; avoid trading it separately.
That’s the market outlook—volume determines direction, and position determines expectations.