November 27th, early morning, Bitcoin and Ethereum market analysis and trading strategy

Bitcoin rebounded above 90,000 but was once again under pressure and started to decline, with the current price returning to the nearby oscillation. The 4-hour chart shows that it was pressured down from the upper track back to the lower track, and yesterday it fell below the middle track to the lower track with slight support. The 4-hour chart is still a zigzag oscillation market, lacking strong continuity, instead showing repeated fluctuations, with short-term upward movement of Bitcoin. This has suppressed the price's further upward momentum. However, in terms of structure, it is still a wide-ranging oscillation, and the key support and resistance points have not been completely broken. In the evening, short-term operations should still combine with shape and card points for operations, continuing to short.

Ethereum saw a second rebound intraday, breaking through the 3000 mark under pressure, and the current price has returned to around 3040, fluctuating. The Bollinger Bands on the 4-hour chart are contracting, currently oscillating back and forth between the middle and upper bands. Yesterday, it fell back under pressure at the middle band, and after a series of short-term fluctuations, it is now forming a downward oscillation near the high point at the beginning of the week as resistance. However, the continuity of space remains uncertain, meaning that with insufficient unilateral momentum, it will lead to back-and-forth movements at a certain position. It is likely to end in oscillation, and currently, there is no clear sign of unilateral strength. In a volatile oscillating market, grasping the right entry points offers opportunities for both long and short positions.

Bitcoin: Short at 90000-91000, target around 88000

Ethereum: Short at 3040-3090, target around 2990
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