Market analysis and operation suggestions at noon on November 22:
Bitcoin (BTC)
First, pay attention to today's small-level retracement support level: 98300. If the price falls below this level, it may trigger a one-hour level callback, and the support levels below are 97862, 97000 and 96334. If the four-hour closing confirms that it has fallen below 97000, this wave of rise will end, and the market may enter a callback phase. At this time, long orders should pay attention to risks. If 98300 is not broken on the one-hour chart, the 100000 mark is expected to break through.
Ethereum (ETH)
Yesterday, Ethereum's strong rebound directly hit the daily support, but it rose too fast. Today, the price is close to the daily pressure level of 3450. At present, in the small-level rising stage, focus on the following support levels: 3354 and 3310. If these two supports are not broken, it is expected to continue to challenge the daily high of 3450, and the target after the breakthrough is 3535. If the price falls below 3310, it may trigger a one-hour level callback, with the target support levels of 3217 and 3191.
In terms of operation strategy, continue to pay attention to the retracement support level, and try to enter the market at a low level, but pay close attention to whether the price breaks through the key pressure level or support level.
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