Ethereum's abnormal movement began to make up for the rise, be cautious in chasing more! 11.17 Big Pie Auntie Market Analysis and Operation Ideas

It has been the second week since Trump won the election. The capital market boom has not diminished, the US dollar index has hit a new high, and the crypto market is even more unstoppable. The total market value of the global crypto market has exceeded 3000 billion US dollars for the first time. Trump's victory has undoubtedly injected a dose of stimulant into the capital market, especially the crypto market. It is still unknown whether the various favorable expectations released during the campaign can be implemented. Yesterday, Big Pie fluctuated slightly, and the best Ethereum rebound reached 3222 and began to fall back! It belongs to the rebound space!

From a technical point of view, Big Pie closed negative on the daily line, consolidated at a high level for a day, and the currency price still ran near the upper track. The three tracks of the Bollinger Bands were upward, the three lines of KDJ were glued at a high level, the indicators were relatively weak, and the MACD double lines were upward, but the volume was reduced! The daily line consolidated at a high level, and the upward momentum slowed down slightly!

In the four-hour chart, the three tracks of the Bollinger Bands are upward, and the price of the currency is running between the upper and middle tracks. The three lines of KDJ are initially forming a dead cross downward from a high position, and the MACD double lines are downward. The volume index is relatively weak!

Comprehensively looking at the U.S. stock market on Friday, the U.S. stock market plummeted and closed. The price of the currency rebounded strongly after the U.S. stock market stopped falling. It is against the fundamentals to pull up, and the spot ETF market has a net outflow for two consecutive days. Although there is no very large outflow of funds, it is obviously negative. This wave of rise is obviously the market maker's protection. There is no large-scale shipment. We go long with the trend. The weekend market range can be treated as high-selling and low-buying! The upper pressure positions focus on 91500, 92000, 92700 and 93500, and the support positions focus on 90000, 89200 and 87800

11.17 Big Pie Operation Idea: Radicals enter the market near 91500 to short, conservatives enter the market near 92000, defend above 92500, target 91000-90500-90000, break and hold to 89500-89200

Long order ideas: enter the market at 89200-90000 to go long, defend near 88700, target 91000-91500-92000, break Hold to see around 93000-93500

11.16 Ethereum operation ideas: enter the market to short at 3200-3220, defend above 3250, target around 3150-3120, break and hold to see around 3100-3080

Long order ideas: aggressive ones retreat to around 3100 to go long, conservative ones enter the market around 3050, defend around 3000, target around 3150-3200-3220, break to see around 3250-3300

US stocks violently rose after stopping the decline, which was obviously caused by the high market sentiment. Without a large amount of capital injection, this wave of bulls may be almost over!