11.28 Midday

The market shows that after successfully breaking through the price comparison, a strong upward trend was immediately initiated. In the current market environment, the price comparison is under pressure from news on one hand, and on the other hand, after experiencing a significant decline previously, its rebound process inevitably faces short-term fluctuations and adjustments. This kind of oscillation is a normal market phenomenon, and the rise in price comparison will not be a one-sided straight-line increase.

From the 4-hour chart perspective, it is currently still in an upward trend. Before there is a significant surge followed by a drop that breaks the middle track, this slow upward squeeze trend is expected to continue. Combining the indicator's correction and new highs, short-term operations still suggest focusing on low buy positions, along with reverse operations after surges to achieve a strategy of oscillating upward.

11 Old Wang's suggestion

Bitcoin retrace to the 94500-93500 area, target 96000—97500 area

Ethereum retrace to the 3550-3500 area, target 3610-3680