November 27 Strategy Analysis
Through a detailed analysis of the current market, the 4-hour chart clearly shows a significant downward trend.
In the recent period, this chart has frequently tested the lower support of the 4-hour level and has successfully broken below it. The K-line has continued to extend and push below the lower boundary. This trend strongly indicates that, within a short time frame, the market still harbors the energy and possibility for further declines.
In terms of operational direction, it is recommended that investors consider the middle line of the hourly chart as a key reference point for stop-loss, while continuously delving deeper into the real-time dynamics of the market.
If the key price level of 91500 is effectively broken, the market is highly likely to further test and impact the significant round number of 90000.
Additionally, from the intraday perspective, the momentum is quite strong and sufficient, which warns that the market is likely to enter a phase of oscillation and adjustment.
Therefore, investors should focus on the support situation at the 90000 level.
If this price level cannot hold and is breached, the market is likely to continue its current downward trend, further expanding the decline.
Operational suggestions:
Short positions in Bitcoin in the 93400 - 93900 range,
with a target looking down to around 91600 - 91100;
Short positions in Ethereum in the 3380 - 3440 range,
with a target looking down to around 3250 - 3210.
