Midday analysis and trading strategy for Bitcoin and Ethereum on November 26.

Bitcoin dipped at midnight but failed to break through the 86000 level and started to rebound, with the current price returning to around 87400 and fluctuating. The 4-hour chart previously faced resistance at the upper band near 89000 and fell back to the lower band, where it found some support after breaking through the middle band yesterday. The 4-hour chart still shows a choppy trading pattern with limited continuity, characterized by repeated fluctuations. This has suppressed the price's further upward momentum. However, the overall structure remains a wide fluctuation, with key support and resistance points not fully breached. For intraday short-term trading, it's still advisable to operate based on the patterns and key points, continuing to participate around the high and low of the range.

Ethereum also experienced a surge of short positions yesterday, touching a low of around 2855 before starting to rebound. The price has now returned to around 2960 and is fluctuating. On the 4-hour chart, the lower Bollinger Band serves as a support point, and the pullback will stop once it reaches that point. The lower band is the critical point for the short term, and it stabilized and began to rebound at the lower band around midnight. The space is slowly being released, accompanied by a fluctuating movement of taking one step back after another. In terms of operations, the volatility base is large, and it is important to respond flexibly to formations. The main strategy at present is to buy on pullbacks.

Bitcoin: Long at 87500-87000, target near 88500

Ethereum: 2940-2890 long, target around 3000
$BTC $ETH #比特币行情观察 #今日你看涨还是看跌？