Today is Black Friday, the Air Force should not let the dog house wash the car
Bitcoin's daily line has risen with consecutive gains, recovering the previous pullback losses. After a local pullback correction, it has risen with consecutive gains, breaking the weak pullback and testing new highs again. The daily line has stabilized and risen after multiple retests of the support point below. The mid-term bullish lifeline is slightly paused around 98000, while the 4-hour chart has stabilized and risen from the pullback trend line at 94000, which serves as a mid-short term bullish defense point. After a dip, it has not lost momentum, and a wave of recovery has reclaimed lost ground, breaking the weak pullback of the downward trend line. The 4-hour chart shows a tendency to test new highs again, but the short-term rhythm is relatively slow. Currently, 102000 is the key resistance level, which was quickly reclaimed by bears when touched in the evening. From the 4-hour perspective, the overall trend still presents a stair-step upward rhythm, and adjustments are still being made in real-time at the 102000 pressure point.
Ethereum follows Bitcoin's bullish trend strongly, with some synchronization with Bitcoin. Starting from the low point at 3795, it has risen with a relatively strong oscillating trend until it reached a high point of around 3986 in the evening before facing resistance and pulling back. It is now back at the upper boundary of the range, but to some extent, this will still limit the short-term price ratio's upward momentum, possibly entering a high-level consolidation phase. Looking again at the 4-hour chart, it has been oscillating continuously to repair the morning's high, and after the U.S. stock market opens in the evening, it breaks the oscillation range. The hourly trend has begun to gradually move out of a narrow oscillation range after continuous oscillation, and the technical pattern has started to gradually repair as the K-line slowly stands above the short-term moving averages. Currently, it is more inclined to have some continuation rebound space in the short-term trend. We will continue to maintain a bullish outlook.
Today's strategy
BTC operation:
Short at 100300 Add position at 101100 Defensive at 700 points Target 98000-96500
Ethereum synchronized
