11.27: Evening Market Overview:

BTC remains in a range-bound fluctuation. Looking at the 4H chart, the position at 92741 has supported three times continuously, indicating that demand here still exceeds supply. This means that most people see this as a short-term bottom and choose to buy here, which stabilizes the price without a decline. Of course, large players want to accumulate lower chips, enticing the retail investors to sell at a loss, thus causing a rebound near 91332; overall, the sentiment is bullish, so I opened a long position at the support of 92741 with a target at 94990; also a 2:1 risk-reward ratio.

ETH has been very strong as mentioned during the day, and after several consecutive breakthroughs in the afternoon, it is now about to break 35K. Previously, ETH was criticized, but it should now be praised double. The price of the king of altcoins is not just talk; it has been earned by withstanding pressure and hard work. Currently, ETH is in an ascending wedge pattern, and a divergence between volume and price has appeared on the 4H chart; resistance levels are at 3546, 3579, 3626; support levels are at 3368, 3341.

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