$BTC 11.28BTCETH evening analysis strategy update🧡

In the afternoon, BTC fluctuated in a narrow range between 90800 and 92000. The hourly Bollinger Bands had formed an upward diverging channel, showing some short-term strength. However, after reaching the upper resistance level, it failed to break through effectively, accompanied by a decrease in trading volume. In the evening, it fell below the middle support level, and the upward momentum significantly weakened.

During the Thanksgiving period, the liquidity of BTC has been weak, with the market fluctuating repeatedly, and the 30-day moving average continuing to decline, forming strong resistance. The market's willingness to sell is strong, and the selling pressure has not diminished. Liquidity will gradually increase after the opening of the US stock market in the evening, making the rebound a prime opportunity for shorting. The trend of ETH is also weak, showing strong correlation with BTC.

Operation Strategy:

BTC: Short in the rebound range of 92000-93000, looking down towards around 90600, and if it breaks further, look towards around 89000.
ETH: Short on the rebound in the 3060-3100 range, target 2970, if it breaks down look at 2900.

⚠️ Strategies are time-sensitive. If you are unsure of the pace or do not fully understand the market trends, please contact $ETH .