November 27 Evening Observation: #数字货币市场回升 and ETH Trend Review

Let's first look at BTC. On the 4-hour chart, the price has stabilized above the EMA7 moving average, forming a typical stepped rise—each pullback is higher than the previous one, and each new high is breaking the previous high. The MACD golden cross continues to expand, and the red momentum bars are steadily increasing; the RSI indicator has climbed from the previous oversold area to around 50, indicating that the bullish strength is still accumulating, and there is still room for upward movement.

Key positions need to be closely monitored: the position of 88000 has already transformed into a strong support, with support below; 93000 is currently the most important resistance level. If it can smoothly break through 93000, the mid-term upward channel will be opened; if it gets stuck here and cannot rise, there may be a short-term correction on the technical level.

The rhythm of ETH basically keeps pace with BTC, following the big brother's footsteps in a bullish pattern.

Strategic level: BTC can consider setting long positions in the range of 90500-91100, looking at around 91800-92400; for ETH, entering the range of 3000-3020 is reasonable, with a target set around 3080-3110.