🌻 #BTC shows positive signals

①In the past month, it first stood above the middle line of the Bollinger Bands (90100).
② Yesterday, the largest volume bullish candlestick in nearly half a month was recorded (an increase of 5.8%), while the candlestick on November 18 had an increase of only 0.81%.

Overall, it is still within this wave of market fluctuation range and is attempting to break through the upper edge. In terms of volume, the selling pressure has been largely consumed, showing signs of increased buying support.

💠There are still 2 key levels to break through from a technical perspective:
① is EMA20 (92000) ② is the key resistance level of 93500

🔶The overall macro news is positive:
Firstly, there is Pioneer Capital, which will open cryptocurrency ETFs and trading on its platform starting in December (with assets of 11 trillion).

② The Federal Reserve has a change in leadership, and the probability of a rate cut in December has risen to 90%+

③ Bank of America recommends its clients allocate 4% of their assets to cryptocurrencies

④ SEC's "Cryptocurrency Innovation Exemption" policy: Allows for innovative on-chain products.

The favorable policies have all come out, leaving MicroStrategy as a "lamb to be slaughtered." My plan is to first take some spot positions for the bottom, and then add more if it stabilizes at 92000 or 93500. If it breaks 88000, I'll set a stop loss. It may not necessarily reverse, but it's worth taking a shot at the risk-reward ratio.