$BTC 11.26 afternoon analysis: released at 12:41 PM
Yesterday, during the midday session, Bitcoin and Ethereum were both at 85800 and 2868 respectively, going up by over 3000 points and 100 points, compensating for the losses of the counterfeit Xiaosun. In the evening, we re-entered at the 2955 level, currently holding short positions and patiently waiting for the drop. Here, congratulations to the fans who followed along. I suggest everyone learn more about the trading strategies from Brother Rui, as I will be periodically writing course materials to provide benefits for everyone. If you like the host, please follow and observe! See if it's worth subscribing! Thank you all for your support!
First, we see that Bitcoin's daily line closed around 87300, overall there is not much reference. The focus will still be on when it can stabilize above the 91500 level. If it continues to oscillate widely within the range, and the daily line breaks below 84000, we should be cautious of a deep downward spike. Currently, Bitcoin is still operating within the range of 89000-84888, and we just need to watch which side it breaks out to. We will enter on that side. The strong resistance above is still at 92600, and the strong support below is at 81074. Currently, Bitcoin is mainly undergoing a downward correction, and we should pay close attention to whether the 85000 level on the 4-hour timeframe can effectively confirm a retracement. For intraday operations, it is recommended to focus on short positions, suggesting a layout for a southward move around 88000-88860, with a one-time defense. Those who haven't entered can consider left-side trading, with a small position entering northward at the 85000 level, and placing a defense around 84000.
Secondly, the daily line of the second contract closed at the 2958 line, indicating a strong overall bullish trend. As long as it firmly stabilizes above 3030 subsequently, we can look for a second pullback on the 4-hour chart to set up a trend position. On the daily chart, we only need to pay attention to 2830 below. The 4-hour level of the second contract is still in the range of 2850-2980, and we will follow whichever side takes the lead. Currently, the hourly level shows a bullish advantage, so the suggested operations for the day should focus on shorting at high points, targeting a southward movement around 2960-2982, with a stop loss at 3032. For left-side trading, consider moving north around 2828-2770, with a stop loss at one times. Good luck to everyone $ETH #Gate广场圣诞送温暖 #参与创作者认证计划月领$10,000 .
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$BTC 11.26 afternoon analysis: released at 12:41 PM
Yesterday, during the midday session, Bitcoin and Ethereum were both at 85800 and 2868 respectively, going up by over 3000 points and 100 points, compensating for the losses of the counterfeit Xiaosun. In the evening, we re-entered at the 2955 level, currently holding short positions and patiently waiting for the drop. Here, congratulations to the fans who followed along. I suggest everyone learn more about the trading strategies from Brother Rui, as I will be periodically writing course materials to provide benefits for everyone. If you like the host, please follow and observe! See if it's worth subscribing! Thank you all for your support!
First, we see that Bitcoin's daily line closed around 87300, overall there is not much reference. The focus will still be on when it can stabilize above the 91500 level. If it continues to oscillate widely within the range, and the daily line breaks below 84000, we should be cautious of a deep downward spike. Currently, Bitcoin is still operating within the range of 89000-84888, and we just need to watch which side it breaks out to. We will enter on that side. The strong resistance above is still at 92600, and the strong support below is at 81074. Currently, Bitcoin is mainly undergoing a downward correction, and we should pay close attention to whether the 85000 level on the 4-hour timeframe can effectively confirm a retracement. For intraday operations, it is recommended to focus on short positions, suggesting a layout for a southward move around 88000-88860, with a one-time defense. Those who haven't entered can consider left-side trading, with a small position entering northward at the 85000 level, and placing a defense around 84000.
Secondly, the daily line of the second contract closed at the 2958 line, indicating a strong overall bullish trend. As long as it firmly stabilizes above 3030 subsequently, we can look for a second pullback on the 4-hour chart to set up a trend position. On the daily chart, we only need to pay attention to 2830 below. The 4-hour level of the second contract is still in the range of 2850-2980, and we will follow whichever side takes the lead. Currently, the hourly level shows a bullish advantage, so the suggested operations for the day should focus on shorting at high points, targeting a southward movement around 2960-2982, with a stop loss at 3032. For left-side trading, consider moving north around 2828-2770, with a stop loss at one times. Good luck to everyone $ETH #Gate广场圣诞送温暖 #参与创作者认证计划月领$10,000 .