11.26 Morning Bitcoin Ethereum Market Analysis

Yesterday's strategy and the layout in the evening live broadcast successfully captured the market's shift from short to long, once again validating the importance of a robust strategy. As we have always emphasized: You have funds, I have strategies, and profits can actually be quite simple. The so-called "myths" in the market are ultimately just low-probability events; those who can truly stand firm in the long term are often the investors who prioritize "risk control" and "capital safety." Maintain rationality, do not be greedy or fearful, and you can go further.
BTC
Bitcoin is currently in a stage of convergent consolidation. From the four-hour chart, the price has been hovering around 87000, and the forces of both bulls and bears have temporarily reached a balance point. Previously, the price attempted to break through 89177 but encountered resistance and fell back. Recently, the candlestick patterns have shown a series of bearish candles, indicating that the short-term upward momentum has weakened.
In terms of technical indicators, the three lines of the Bollinger Bands are gradually converging, indicating a decrease in market volatility. The support level can be referenced at 84500, with the middle line at 86600 and resistance at the upper line around 88800. The green bars of the MACD indicator continue to shrink, showing a weakening of bearish strength; although the KDJ indicator has seen a golden cross, the upward momentum is also weakening currently.
In terms of operation, it is important to focus on the key support level of 85500. If it is effectively broken, it may further drop to 84500; the resistance above needs to be monitored in the range of 88500-89000, especially the short-term dividing line at 88800. Only by holding this position can there be hope of opening up upward space.
Ethereum
Ethereum is currently still operating within a short-term upward channel. On the four-hour chart, a long lower shadow bullish candlestick formed around 2900, confirming the validity of support at this level. However, it subsequently made an attempt to break through the upper Bollinger Band near 2965 but failed, resulting in a pullback.
The primary support area below is currently between 2870-2860. If the pullback does not break through this range, the overall structure will still maintain a bullish stance; the resistance above should focus on the range of 2960-2985. Once effectively broken, it is expected to continue to expand upward.
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