Wednesday Morning Thoughts on 11.20
Overnight, Bitcoin once again pushed the price to a new historical high, reaching a peak of around 93900, closely approaching the 94000 mark.
Subsequently, it failed to maintain the upward momentum and dipped to a low of 91300. From the chart, although the market maintains a wide range of movements, the overall resistance and support levels are moving upwards.
Wednesday Morning Analysis on 11.20
After a series of upward candles on the four-hour chart, bulls have broken above the previous high. Although there is room for a pullback at present, the overall upward trend speaks for itself. The pullback is merely returning to yesterday's starting point, and after previous pullbacks, another strong surge is inevitable. For the overall trend, going with the flow is always the right choice.
Wednesday Morning Trading Suggestions on 11.20
For Bitcoin, the trading suggestion is to go long in the 91300-91500 range, targeting the 93500 area.
For Ethereum, operate in sync with Bitcoin as well, with a reference of $BTC $ETH $BNB #币安矿池FB联合挖矿 #Solana涨势分析 #BONKBURNmas销毁计划 #英伟达财报即将公布 .