11.20 Wednesday Morning Silk Road:
Midnight Bitcoin surged again, reaching a historic high of 93,900! Then it retraced to around 91,500 and fluctuated for adjustment. After the short-term retracement, we will observe the strength to confirm if the bulls are still dominant. The midnight forecast accurately hit the target!
From the daily chart of Bitcoin, today closed with a solid bullish candle, and the price continues to extend the bullish trend upward along 90,000; from the 4-hour view, although it has maintained a narrow fluctuation at a high level in recent days, the price has remained around 91,000, and it has not broken this level since the recent rise, so the overall trend is still bullish. Although there hasn't been a significant increase in volume with a bullish candle today, the price continues to test the high point of 93,000. Before breaking this level, we will treat it as a buy on dips.
Operation Suggestions:
Buy Bitcoin on dips around 91,000-90,500, aiming for 93,000-94,000 above.
Buy Ethereum on dips around 3,000-3,050, targeting 3,250-3,300.