Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 11.22
Currently, on the daily chart, Bitcoin shows a volatile downward trend, with several consecutive bearish candlesticks and gradually lower highs. On the 4-hour timeframe, both DIF and DEA are negative, and the MACD histogram continues to show green bars, but with clear signs of shortening, indicating that bearish momentum is weakening. The current price is operating below the EMA7, and EMA7, EMA30, and EMA120 are all arranged in a bearish pattern, indicating strong short-term resistance. It is recommended to enter short positions at higher levels during the day.
Trading suggestion: For Bitcoin, consider short positions around 95,000 to 95,500, with a target around 93,500. For Ethereum, consider short positions around 2,770 to 2,800, with a target around 2,700. Market conditions change constantly, and this article is time-sensitive. For those entering trades, please follow real-time guidance as the primary source. #逆势上涨币种推荐 #美联储会议纪要将公布 #比特币行情观察
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.
Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 11.22
Currently, on the daily chart, Bitcoin shows a volatile downward trend, with several consecutive bearish candlesticks and gradually lower highs. On the 4-hour timeframe, both DIF and DEA are negative, and the MACD histogram continues to show green bars, but with clear signs of shortening, indicating that bearish momentum is weakening. The current price is operating below the EMA7, and EMA7, EMA30, and EMA120 are all arranged in a bearish pattern, indicating strong short-term resistance. It is recommended to enter short positions at higher levels during the day.
Trading suggestion: For Bitcoin, consider short positions around 95,000 to 95,500, with a target around 93,500. For Ethereum, consider short positions around 2,770 to 2,800, with a target around 2,700. Market conditions change constantly, and this article is time-sensitive. For those entering trades, please follow real-time guidance as the primary source. #逆势上涨币种推荐 #美联储会议纪要将公布 #比特币行情观察