24.11.27 Bitcoin Ethereum Midday Analysis + Feeding
【Market Review】
Bitcoin is in a bearish market, with fluctuations of 3-4K points being the norm.
The strong resistance zone is above 94500, and positions can start here.
Ethereum is relatively stronger, with support still effective at 3240-3260.
Currently, the maximum resistance level is around 3450-3500.
Our Bitcoin short positions continue to be held, not much to say, for those in cash, feeding operations will be arranged for you.
【Bitcoin Market Analysis】
The strong resistance zone is above 90000, currently having risen by 3000 points, approximately the limit is around 945,
because 948-958 is a strong resistance zone. If this zone is broken, it will challenge the position of 965-97 upwards, so today we will see if it can
stably break through? If it can't go up, then the decline will be quick, the next pullback will need to watch the position of 85.
So the position of 948-958 is very important, pay attention.
Feeding Layout:
Low Long: 90211-89786-89553 buy in batches, stop loss at 89001
High Short: 94776-95322-95751 sell in batches, stop loss at 96055
【Ethereum Market Analysis】
Ethereum is currently in an independent market, in a state of incomprehension.
So for now, we will not engage with it, waiting for Bitcoin to form a resonant pattern with it,
then consider entering a position.
Upper pressure level: 3488-3522-3553
Lower support level: 3317-3289-3253