November 24 Market Review and Outlook:
The market showed a volatile trend over the weekend. Many investors followed Muqing's movements around the 97300 line to position long positions, ultimately gaining about 1000 points in return. The market has recovered somewhat in the last couple of days, but the overall trend has not fundamentally changed. The market makers are currently repairing at high levels, and the pullback strength is relatively mild. This may trigger panic among some trend-chasers, causing them to miss the entry opportunity, ultimately allowing market makers to take advantage.
From a technical perspective, although there has been some downward pressure recently, this is merely a short-term adjustment and has not altered the bullish dominance. The bullish camp remains strong, though slightly weakened compared to earlier. Investors should not blindly chase shorts, but rather seize appropriate long opportunities amidst the fluctuations.
Recommended actions are as follows:
Bitcoin: Suggest long positions around 97400-97700, with a target near 99500.
Ethereum: Suggest long positions around 3370-3400, with a target near 3500.#Cryptocurrency#ETH市场新动向 #ADA突破1美元