Morning Analysis and Suggestions on 11.24
Good morning, everyone. Currently, the pullback of Bitcoin is normal and can be understood as a correction, just a method of building momentum for the bulls. After all, the upper space is still relatively sufficient. As long as there is no deep pullback or spike in the short term, it is not enough to form a reversal. For the future, we still treat it as building momentum. After the trend is completed, the price comparison will also welcome another rise.
From the 4-hour chart, Bitcoin and Ethereum are progressing step by step. Today's view is that the overall market will warm up, paving the way for an increase on Monday.
Suggestions:
Buy Bitcoin around 97700-97500, target 98000-100000
Buy Ethereum around 3400-3380, target 3420-3450