Bitcoin and Ethereum Market Analysis and Trading Strategy on the Evening of November 25



Bitcoin has pulled back intraday to touch the low point of 86636 and stabilized to start rebounding. The current price has returned to around 87400 and is fluctuating. The 4-hour chart is consolidating horizontally, with short-term fluctuations compressing between 90000 and 85000. From the perspective of the rebound space, it is currently still maintaining oscillation and correction above yesterday's level. After a long period of consolidation, the probability of breaking the position increases in the next two days. The 1-hour Bollinger Bands are currently narrowing. In the short term, it maintains a back-and-forth tug within the range of the narrowing Bollinger Bands, with a trading strategy of selling high and buying low around the range.

  

On the Ethereum front, we have also seen an increase in short positions today, with the price fluctuating downwards and returning to around 2920 for further oscillation. The rhythm on the 4-hour chart has slightly slowed down, repeatedly confirming the support at the 2700 level after rising and falling. This week should still focus on this level; if the key defensive support breaks, we need to pay attention to a deeper adjustment. Currently, the short-term is temporarily maintaining high-level oscillation, but the Bollinger Bands are in a contraction phase. The price is slightly suppressed near the middle band. The 1-hour chart is trapped in a high-level stagnation and oscillation, and in the evening, the short-term strategy will continue to treat it like Bitcoin, participating around the range with short positions at high points and long positions at low points.

Bitcoin: 87000-86000 long, target around 88000

Ethereum: 2900-2850 more, target around 2950 $BTC $ETH #今日你看涨还是看跌? #反弹币种推荐
BTC0,63%
ETH1,19%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin