11.27 Strategy Analysis

Upon detailed observation of the market, the 4-hour chart shows a downward trend. Recently, it has frequently tested the 4-hour lower support level and has broken below it, with the K-line extending below the lower boundary, indicating a potential for further decline in the short term.

In terms of operations, set a stop loss at the middle line of the hourly chart and closely monitor the market. If 91500 is broken, it may test the round number of 90000.

The bearish momentum during the day is strong, suggesting a shift to a range-bound adjustment. Therefore, pay close attention to the support at the 90000 level; if it is lost, the downtrend will continue.

Operational Suggestions:

Open short positions for Bitcoin in the range of 93400 - 93900, targeting around 91600 - 91100;

For Ethereum, operate short positions in the range of 3380 - 3440, targeting around 3250 - 3210.

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