November 27 midday Bitcoin Ethereum market analysis and trading strategy

Bitcoin rebounded after stabilizing above 86000 yesterday, with prices fluctuating upward and returning to above 90000 for further oscillation. The 4-hour chart has temporarily fallen into a dull consolidation. Considering the structure of the larger cycle is constructing a second wave upward, the main strategy in the short term is to maintain a low long position until the low point from yesterday is broken. This upward structure can maintain an upward outlook as long as the key support levels are not lost, meaning as long as the critical point is not breached, the trend remains intact. The small cycle chart is currently lacking some strength, perhaps consolidating to build momentum, and will also require certain news to stimulate it, waiting for a volume increase after the consolidation.

On the Ethereum side, the bulls also saw a surge at midnight, with prices fluctuating upwards and returning to around 3000 for consolidation. The 4-hour chart has entered a chronic squeeze-up phase, and with the release of space, there has been a pause as it approaches resistance, while the moving average indicators have begun to show a top divergence. There is a possibility of a pullback in the short term. It has entered a strong correction method of quick pullbacks and quick recoveries. This serves to confirm the pullback and digest the indicator divergence. Currently, the short term is still in a slow rising squeeze-up phase. There hasn't been a significant high followed by a drop; yesterday saw a slight pullback, but the closing was still strong, recovering firmly. Today, we first look for an inertial rise, then combine with the pattern to reverse and go for a high short. Entering the small third wave rising phase, before any pullback occurs, there are opportunities for both long and short positions in the short term, with a relatively large fluctuation range. High short, low long.

Bitcoin: 91200-90000 long, target near 92200

Ethereum: 3030-2980 more, target near 3080 $BTC $ETH #比特币行情观察 #今日你看涨还是看跌？