The market may be in the future

The target of 97200 and 3520 given by Yicheng on November 26 has been confirmed, and the result is good, but this process is only

Yesterday, that is, November 27, Yicheng repeatedly reminded to look at the repair, and the excess rebound of the two cakes continued to set new highs, reaching the highest level of 3860, and the big cake also accurately topped out, reaching the mentioned 97200 area as expected.

From 17:45 on the afternoon of the 27th, the big cake golden cross, after the RSI entered the dead cross, the MACD fast and slow lines were close to the zero axis, and Bitcoin fell back to the 93000 mark. There were continuous buying orders entering the market to protect the market, the indicator was golden forked twice, and the buying continued to increase in volume, and the market began to force the market to rise.

At 11 o'clock in the evening, the big cake was at the 95000 mark, the selling pressure was taken over, and the buying volume was clamped upward. The big cake continued to rebound at a high level and reached the target of 97200 and accurately touched the top.

Yicheng also posted a message here to remind people to change their positions and hold until around 95,000 at noon on the 28th. There is no rising trend that will last forever. If it rises, it must step back to accumulate strength, and the divergence during the retracement process may further change the short-term direction. At noon, shorts left the market in batches. During this period, Yicheng took advantage of the rebound and gave a target of around 96,000. When it was close to the target, it reminded people to turn short again and get some space.

The current trend will first fluctuate for a while. From the perspective of indicators and structure, there is damping above and considerable space below. Long and short positions compete for the key range around 95,000-95,500, and oscillate in this narrow range for a long time. However, the result of sideways trading is that most of the time, they will retreat first.

Pay attention to 96,800 above the big cake, 94,200 below, and then 93,500. Currently, short positions can be shorted in batches. It is recommended to add short positions around 96,200. The target is conservatively around 94,200 below.

Let's talk about the second cake. After the second cake rebounded from oversold, buying rushed in to liquidate short positions. Ethereum broke through three barriers and came to the 3688 area, which has slightly synchronized with the big cake trend. This process is a high-level rebound, so the retracement space is also considerable. The current 3620 area is under obvious pressure and it may be difficult to hold. The second cake failed to break through the high level, the index rebounded, and the structure did not give much space. We can be optimistic about this callback.

Pay attention to the 3675 area above the second cake. It is recommended to eat the retracement in batches. The short-term target is 3560 first, and then 3520. No matter how the recent trend is, this position is easy to touch.So you can consider going short directly. Look down to 3540#BTC☀ #ETH🔥🔥🔥🔥