In the afternoon, the exchange rate fell back to below 95,000. The volatility in the afternoon made both long and short sides quite entangled, and the correction in the evening trapped many friends who had long orders at low positions. We have always maintained the idea of oscillation in the real market, and both long and short positions have strength. From the overall trend, the market performance is relatively strong, and there is no obvious deep correction signal for the time being.
From the current market, the four-hour line shows a trend of continuous negative retracement, the high point of the oscillation range is constantly moving down, and the low point also moves slightly down with the middle track of the Bollinger band. However, the exchange rate has not yet broken through the middle track support, and the possibility of directly breaking through the middle track and further bottoming out is relatively low. The hourly Bollinger band tends to close flat, and the exchange rate runs near the lower track. Due to the narrowing of the Bollinger band, the downward space is limited, and the subsequent increase in the volume of bulls is the key. The evening strategy is still based on the idea of bullishness, and the idea of oscillation remains unchanged before the trend comes out. In addition, the U.S. stock market will be closed tonight on Thanksgiving Day, and market volatility may slow down. This is a good thing or a hidden danger for traders. It is recommended to operate rationally.
Bitcoin 95100-94800, target around 97200
Ether 3590-3570, target around 3700#币安BNSOL质押PYTH #山寨币走势展望 #BSC生态活力释放
