Zhou Yanling: 11.27 Bitcoin rebounds without breaking 96000, continue to short; Ethereum can catch both long and short in the roller coaster.
Recently, the market has been quite exciting, which is very appealing for those who like to trade short-term. I must say that this round of Bitcoin's pullback has indeed knocked out many long positions. Even though Yanling still holds a long-term optimistic view on Bitcoin's future rise, I still chose to take advantage of this round of short-term bearish profit. This is not about greed; it is called following the trend. From a technical perspective, the current large pullback has not yet completed its downward space, so short-term following the trend to short has no issue. Yanling personally expects this round to pull back to around 89000 and 86000, then continue to consolidate and open the second bull market again. The next step will push above 100,000, and when the second round of the bull market starts, altcoins will outperform mainstream coins. So, friends who want to layout altcoin spot can pay attention then; the general direction is basically this idea. In the short term, continue to watch the resistance around 95000 during the day. If the rebound before the US market cannot break through here, then it will again pull back in the short term. The operation will continue to focus on shorting during rebounds, with low-level short-term longs as a supplement.
11.27 Bitcoin trading strategy:
1. 94800-94200 short, stop loss above 95500, target 92100-91500, continue to break down look at around 89600
2. 91600-92200 long, stop loss below 91000, target 94000-94600
11.27 Ethereum trading strategy:
1. 3460-3430 short, reserve space for replenishment near 3495, stop loss above 3530, target 3350-3300, continue to break down look at around 3250 and 3120
2. 3300-3340 long, stop loss below 3260, target 3410-3450
[The above analysis and strategy are for reference only, risks are to be borne by yourself. The article review and publication may have delays, and the strategy does not have timeliness. Specific operations are subject to Yanling's real-time strategy.]
The content of this article is exclusively shared by senior analyst Zhou Yanling (public account: Zhou Yanling). The author has been engaged in financial market investment research for more than ten years and mainly analyzes and guides BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency contracts/spot operations. If you need more real-time community guidance, consultation on positions, or learning trading skills, you can follow the teacher's public account: Zhou Yanling to find the teacher.
