Crypto Circle Yuelin 11.20 Wednesday, Bitcoin, Ethereum Morning Strategy!
Bitcoin has once again broken through its historical high, with the highest price around 93900. Whether this price will adjust further is uncertain; if it can successfully break through 94000, we may welcome the last wave of the bull market. The significant resistance level is at 95000. The current market trend is relatively straightforward, with an initial rise followed by a pullback. The operational suggestion is to focus on low long positions and supplement with high short positions.
After a continuous rise in the four-hour chart, the bulls have pushed up to a new high. The current pullback has some space, but overall, the upward trend is undeniable. The pullback is just a return to yesterday's starting point, and after previous pullbacks, strong rallies are inevitable. In terms of the overall trend, going with the flow is always the right choice.
Wednesday Morning Operational Strategy:
BTC: 91300-91500, Target 93500
ETH: 3080-3100, Target 3200
Of course, technical indicators are just for reference. If you have no direction, remember to follow Yuelin and keep pace with me; Yuelin may not guarantee you a hundred victories, but it can certainly help you avoid losses and take fewer detours!