11.20 market analysis

Judging from the market conditions over the weekend, the performance of the market is still very strong, and has been fluctuating within the range of 36000-36600. The market rose directly last night, reaching the highest point at 37,500, with room for an increase of nearly 1,000 points. Ether also simultaneously gained nearly 60 points of long space.

On the market, the bulls still have a strong structure. Although the daily correction has not gone out, the ⑤ daily moving average has been positive for 7 consecutive days, and the boll moving average is still opening, so the bulls still have continuity, and the market is still in a bullish trend in the general direction.

From a four-hour perspective, the K-line is running in a range. The K-line has been rising for three consecutive years. The top is concerned about the pressure measurement of 37500. If it breaks through within the day, the market will continue to be bullish and break through the 38000 mark. The daily-level boll will open up and fall back to the low point. Moving, macd short positions have shrunk, and the currency price has maintained above the mid-track. Although it has fallen back, it has not stabilized. The overall trend is biased towards the long signal. Although the rising sentiment has eased, there is still a retracement below. Only after the retracement There will be a better pull up.

Big pie: more around 37,000-37,100, with a target of 38,000.

Ethereum: More around 1990-2000, target 2050.