📊 Latest market situation of Bitcoin on November 30 at noon #BTC

The current market is characterized by a "sharp rebound and a battle at strong resistance levels." After a dip to a low of $80,728 on November 21, prices began to rebound, but the momentum seems to be stalling around $91,000.
• Positive Signal: On-chain data shows that whale addresses holding over 10,000 BTC have resumed net accumulation, marking the strongest buying trend in months, which may indicate that large funds believe the current price range holds long-term value. Meanwhile, the outflow of funds from the U.S. spot Bitcoin ETF has significantly slowed to $29.8 million per day, alleviating selling pressure.
• Risks and Pressure: On the technical side, the price is still constrained by the strong resistance of the EMA (Exponential Moving Average) cluster in the range of $93,000 to $105,000. This area concentrates the 20-day, 50-day, 100-day, and 200-day moving averages, forming a "resistance wall," and a breakout requires a significant increase in trading volume. On the macro level, the market is still evaluating the future direction of the Federal Reserve's interest rate policy.
In simple terms: Both bulls and bears are fiercely competing around the $90,000 mark. If they can break through the key resistance at $93,000 (near the 20-day moving average) with strong volume, it may open up upward space to $98,000-$100,000; conversely, if it effectively falls below the support area of $88,000-$89,000, it may test $86,000 again or even deeper.
⚠️ Comprehensive Risk Alert
1. Key Level Verification: The resistance at $93,000 is the short-term battleground for bulls and bears; a breakout must be accompanied by volume, otherwise it is likely a false breakout. The support zone at $88,000-$89,000 below is the short-term lifeline.
2. Macro Event Risk: The decision of the Federal Reserve's interest rate meeting in December (expected around December 10) and key economic data (such as PCE and non-farm payrolls) may trigger significant market volatility. It is recommended to keep positions ≤ 5% of total funds before the event.
3. On-chain monitoring: It is necessary to closely monitor the net inflow of exchanges (a sudden increase indicates selling pressure) and the movements of whale addresses.
The market has risks, and investment requires caution. The above analysis is based on public data and technical indicators and does not constitute investment advice. $BTC