11.16 Afternoon Insights and Operational Suggestions
Cryptocurrency is currently facing the pressure of the previous daily high of 92000, forming a small level of sideways trading. The key points are the high point of 92000 and the low point of 90900 in the sideways trading zone:
If it breaks through 92000, it will hit the next pressure level of 93432.
If it falls below 90900, the one-hour level rise will end, and it may fall to the support of 89500.
The four-hour support of the second cake has been closed, and today we will focus on the small-level retracement support of 3094:
This position is the four-hour and daily support. As long as it does not fall below, it is expected to rise at the four-hour level.
The upper pressure is at 3190 and 3239.
If it falls below 3094, the rise will end, and it may pull back to 3016, 2904 or 2808.
