#美国非农就业数据表现优于预期 Early Morning of November 23 $BTC / $ETH Trend Analysis and Trading Ideas

From a technical perspective, on the daily chart, the KDJ, MACD, and Bollinger Bands for Bitcoin and Ethereum are still lingering in the bearish resonance zone, and the MA moving averages continue to suppress with a bearish alignment. However, the weekend is here, and trading volume on the market has noticeably weakened, so price volatility is expected to narrow significantly.

Looking at the 12-hour timeframe, the MA moving averages are showing a strong downward arrangement. It's worth noting that there is hardly any gap between the coin price and the 5-day moving average, which means that the early morning session will most likely be dominated by range-bound downward movement. Overall, there hasn't been much technical change—the short-term rebound yesterday was actually just a gap fill and indicator correction.

For the upcoming market, I judge that it will still operate in a box consolidation with slight downward probing. Strategically, just follow the trend; look for short entries on rebounds, and don’t go hard against the trend.

Reference operating ranges:

$BTC: You can consider opening short positions in the 84,800-85,500 range, targeting 82,800, with a stop loss above 86,000

$ETH: Look for short entries around 2,760-2,800, targeting 2,660, with a stop loss at 2,820

The above is my personal trading approach for the early morning session. The market changes quickly, and written analysis may lag behind, so specific entries still need to be judged based on real-time market conditions. Feel free to reach out if you have any questions.