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Morning layout analysis on November 24


#比特币行情观察 A new beginning and new ideas. What changes are the market trends and thoughts, but what remains unchanged is the attitude. Looking back, there was no issue with Ma Ge's directional thinking last week, so in the new week, let's closely follow Ma Ge's footsteps. The early morning market still shows some signs of rebound, with the price rising to around the high point of 88000 under pressure, and Ethereum also following suit, rebounding to the high point of 2850.
The previous unilateral downward trend has come to an end, and the market is gradually warming up. Bitcoin has strongly broken through the 88000 mark, while Ethereum appears relatively weak, slightly rising to around 2850, which basically aligns with the bullish outlook of the trader. The trader's real position was laid out around 86500, and has successfully taken profit with a space of 15000 points. Many friends have asked, at that time it was still early, and there were no clear reversal signals in the pattern structure yet. Moving forward, we still need to be alert to the risks of a pullback after the rebound.
From the 4-hour level, after a previous one-sided decline, a short-term bottom structure has been established. The current price has stabilized above the strong area of the BOLL channel's middle track. After continuous accumulation of bullish momentum, it has broken through the resistance level, breaking the previous downward trend's suppression and opening up short-term upward space. Meanwhile, the small bearish candlestick during the pullback has shown a volume contraction, reflecting that there is sufficient support below and limited selling pressure, which is a healthy confirmation of the support at the middle track. If the track support can be maintained, the price is expected to once again challenge the upper track, and overall, the probability of a continuation of the short-term strength is relatively high.
Buy near 87000 for Bitcoin, target around 89000-89500.
Buy near 2830 for Ethereum, target around 2970.
BTC7.06%
ETH8.9%
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