Silk Road on the evening of November 27

After breaking and stabilizing above 90,000 in the morning, Bitcoin has started to rebound, and the current price is fluctuating around 91,500. In terms of Ethereum, it has also seen a surge in volume during the day, with the price fluctuating above 3,000 throughout the day.
According to the current analysis of the market structure, a strong breakout pattern of four consecutive upward candles has formed at the four-hour level. The trading volume continues to be released, showing a clear one-sided upward trend in the short term. Currently, market sentiment is dominated by the upward momentum, accompanied by a significant increase in trading volume, which further enhances the price's upward momentum. The one-hour level shows that after touching the upper Bollinger Band, the market enters a tug-of-war phase between bulls and bears, with the candlesticks presenting an alternating pattern of small downward and upward movements, indicating that the market is in a period of consolidation. Although short-term volatility has narrowed, the overall structure still maintains a step-like upward trend.
Operation Recommendations
BTC: Around 91100-89900, target near 92500.
Two pancakes: around 3000-2980, target near 3100