Trader Liangqiu: 11.23 Bitcoin/Ethereum Trading Strategy with Market Analysis
Bitcoin/Ethereum has been continuously positioned for pullback long positions these past few days. Yesterday, the pullback long positions were set at 97800 to 98300 and 3320 to 3350. Bitcoin surged to a maximum of 99660, gaining nearly 1500 points, while Ethereum directly dropped and hit the stop loss. Last night, Bitcoin once again challenged the high point and is about to reach the 100,000 mark, but Ethereum has started to weaken again. The focus moving forward is whether the market will enter a peak stage. For Bitcoin, watch for resistance around the 100,000 mark, while for Ethereum, attention should be on the resistance between 3400 to 3450.
After pulling up again on the hourly and four-hour charts, there is also a pullback and a narrowing pattern. Both bulls and bears are in a stalemate phase, with the current price fluctuating at high levels, indicating certain pullback pressure. The short-term market may have fluctuations at this position, and the probability of a one-sided move is low. Support levels to watch are around 96000 and 3250.
In terms of operations, enter short positions for Bitcoin around 98800 to 99300, targeting near 97000; for Ethereum, enter short positions around 3360 to 3390, targeting near 3280. The current market trend is primarily in waves, and the content has practical effectiveness, with specific guidance based on real-time analysis. #比特币突破10万? #ETH市场新动向