Analysis of Thoughts on the Morning of November 21
Currently, we are in a phase of pullback or consolidation correction. Combining with the hourly chart pattern, operate flexibly with high and low points, continuing to dominate with a fluctuation mindset. Once a breakout occurs, we need to adjust our thoughts in a timely manner.
From the current market perspective, after the major coin's high-level impact was unsuccessful, it has repeatedly tested lower levels and stabilized, forming a wide range of fluctuations. From the daily level, we can also see that the pullback low points are gradually rising. We will first look for a wave of pullback, and in terms of strategy, we still focus on buying low after high.
Major Coin: Around 95500, target looking at 93500 to 92000
Ethereum: Around 31500, target looking at 3000 to 2950