Yesterday, the price of Bitcoin was actually fluctuating all day. The trend was relatively sluggish. In addition, the U.S. stock market was closed for Thanksgiving in the evening, so the trading volume was naturally not that active. Looking back at the high point established last night, Bitcoin did not have a strong correction, but fluctuated. This shows that Bitcoin's ability to carry on is still relatively strong. It rebounded immediately after the decline. This can already show that the decline is just to repair the daily gap after the sharp rise last week, not a deep correction. At present, it is considered an adjustment. As mentioned before, this wave of arc tops has been completed, so there is no need to worry about the risk of Bitcoin hitting a new low. The long position layout we gave in the early morning has about 1,000 points of space.

From the 4-hour line, the short-term high point of 97200 is formed. There is a high probability that the market price will rebound to this position to test the upper pressure. If the rebound is not broken, then short-selling can be intervened when the top is tested again. Below, pay attention to the middle track near 94500. If it is not broken, it will continue to fluctuate and consolidate. If it is broken, it will continue to step back to 91500 to test the lower track support. The overall trend is currently at a short-term crossroads. As long as the subsequent step back does not break the 94500 mark, it is still possible! We can still participate in the main long position during the day!

Operation strategy:

BTC: 95700-95000 long target 97000-98000

ETH: 3580-3570 long target 3650-3750