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11.27 Thursday Zhang Heng afternoon trading strategy
Bitcoin's early session continues to show strong bullish momentum, breaking through 91,000, with strength far exceeding market expectations. It has risen nearly 5,000 points from last night to now, and continuing to chase long positions carries a high risk of getting trapped at the peak.
Currently, Bitcoin has rebounded to the 91800 level and encountered resistance, entering a narrow consolidation phase. The short-term trend is slightly strong, but the momentum has not continued. In the afternoon, the main strategy is to focus on short positions!
BTC: Short around 91800, 92500, target 89500, if broken look at 88000;
Ether: Short near 3070, 3120, target 2970, if broken look at 2880.