11.26 Early Morning Analysis
Technically, the daily chart shows a pullback but has not broken below the starting point from Thursday, indicating the bull market is not over. The 4-hour chart indicates that the candlestick is near the lower boundary, and the indicators are about to form a death cross, suggesting that the bears are preparing to increase volume, providing some room for a short-term pullback. After the price retraces, it will likely experience wide fluctuations, with a focus on the pullback before considering chasing after the rise.
Old Wang's Analysis and Recommendations
Bitcoin Pullback in the 94200-93500 Range, Target 96500—98000
Ethereum Pullback in the 3400-3350 Range, Target 3500-3600