In the evening, Silk Road has given more than 1,000 yuan of space in advance! Steady profit

11.28 Evening Analysis

K Line Pattern: On November 27, the price surged significantly forming a long bullish candle, and on the 28th there was a slight pullback but it remains at a high level. In the 4-hour cycle, starting from November 26, the price has been oscillating upwards, repeatedly breaking through previous highs.
Technical Indicators: The MACD's DIF and DEA are both positive and the histogram is positive, indicating a bullish trend; although there is convergence, there is no death cross signal; RSI14 is around 65, close to the overbought zone but not extreme, leaving room for further rise; EMA7, EMA30, and EMA120 are arranged upwards, with short-term moving averages above, and the price is supported by EMA7 moving upwards.

Old Wang's analysis suggests that Bitcoin may retrace to the 94200-93500 area, with a target of 96000—97500.

The Altcoin may retrace to the 3600-3550 area, with a target of 3650-3700.