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Currently, from the weekly level, BTC and Ether have all been in consecutive declines. The position where the market closes after the fall is basically consistent with the forecast made on 11.17. BTC is at 84000, and Ether is near the weekly support at 2800. According to the previous market data, there is still a certain support effect here. Therefore, this week's market should focus on adjustment. Whether the subsequent market continues to show short positions or trends will need to be observed step by step!



From the daily chart perspective, BTC has started to close positively around 86800. Although there is an entity breaking the resistance at 86500, the performance is not very obvious. The next resistance level is at 87500, support at 84500. If it breaks upwards, look for 90000-92000; if it breaks downwards, look for 82000-80000! Ether closed around 2800, and overall it is still in the adjustment phase. The upper resistance levels are 2820-2850; if it breaks, look for 2950. The lower support is at 2760; if it breaks, look for 2660!

On the 4-hour level, BTC is currently showing a steady upward trend, with resistance at 87500. If it breaks, we look at 89000-92500, with support at 85000-84000. Ether is following a similar trend, but at a slower pace, with resistance at 2850-2880. If it breaks, we look at 2980-3030, with support at 2760-2680!

Yesterday's analysis suggests that the current market trend of short positions should come to a temporary halt, recommending to go long at lower levels. Unfortunately, the expected pullback position for BTC has not been reached, while Ether has considerable room for growth. The subsequent operational strategy can continue along this thought process!

Operational idea:

Buy BTC at 85000-85500, target 86500-88000, stop loss below 83000;

Long Ether at 2760-2790, target 2850-2950, stop loss below 2700;

The strategy is time-sensitive and subject to private real-time guidance!

#Gate广场圣诞送温暖 #非农数据超预期 #反弹币种推荐
BTC1.28%
ETH-0.48%
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CoinCircleRuoyuvip
From the daily chart perspective, BTC has been dropping with consecutive bearish candles, repeatedly hitting new lows down to around 80,600, before rebounding and closing above 84,000, which is roughly in line with our previously predicted bottom range of 83,000-84,000. Afterwards, the market tested the 84,000 support level a second time and stabilized, currently testing the upper resistance at 86,500. A breakout targets 87,500! Similarly, ETH has also been dropping with consecutive bearish candles, hitting new lows near 2,620 before rebounding and closing above 2,750, which matches our earlier predicted bottom around 2,760. The market then tested the 2,760 support a second time, stabilized, and is now testing the upper resistance at 2,820-2,850. A breakout targets 2,950!

On the 4-hour chart, BTC is currently showing a steady upward trend. Upper resistance is at 87,000; a breakout targets 89,000-93,000. Support is at 84,000-82,000. ETH is moving in sync, with upper resistance at 2,850-2,880; a breakout targets 2,980-3,030. Support is at 2,760-2,680!

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Previous analysis indicated the current market is in a consolidation phase within a downward trend, and it seemed likely we would see a rebound. After the aggressive long positions were stopped out, we followed up with shorts, which successfully captured the anticipated move down and aligned with our previously estimated bottom area. The series of short positions placed consecutively also yielded significant gains. Currently, the bearish trend appears to be coming to an end, and it is now recommended to go long at lower levels!

Trading strategy:

BTC: Go long at 84,500-85,000, target 86,500-87,500, stop loss below 83,500;

ETH: Go long at 2,760-2,790, target 2,850-2,950, stop loss below 2,700;

Strategies are time-sensitive; please refer to private real-time guidance for specifics!

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CoinCircleRuoyuvip
· 11-24 13:18
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