Technical Analysis: BTC:

On the daily level, yesterday's candlestick once again produced a large bearish candle, forming a clear upward trend in the short term, and breaking below the 14-day moving average support, indicating a cut in bullish momentum.

Looking at the 4-hour level, the concentration of chips in the 90,000-92,000 area in mid-November has formed important support. If this position is lost, the short-term market may further explore and enter a deep adjustment phase. #BTC突破7万大关

Operational suggestions: Focus on the pressure range of 94,500-95,500 above, depending on the pullback situation. Focus on the support position of 90,000-91,000 below, observing whether it can stop falling and rebound.

ETH: The daily level trend shows that in the past week, the lows have often concentrated around 3,280, and the overall market is currently oscillating and consolidating within the large range of 3,280-3,450, with no clear trend at the moment.

The subsequent trend largely depends on whether BTC can stabilize above 90,000 points. Looking at the 4-hour level, today's important defense position is still around 3,280.

Operational suggestions: Focus on the pressure zone of 3,400-3,450 above. Focus on the support around 3,280 below, and be cautious of further declines if it breaks down. #美国GDP数据即将公布 #币安HODLerTHE #XRP市场价格动向 #比特币盘整分析

I am a long-term bear, if you currently don't know how to layout, feel free to come find me for a discussion!