11.22 Market panic selling, Bitcoin rebound maintains a high short strategy as the main focus.
Yesterday's market panic selling sentiment led to Bitcoin falling to the 80600 line again, triggering an oversold rebound. After the current daily update, the TD indicator continues to lag, with various indicators maintaining a downward divergence. The K-line shows a one-sided oscillation and decline, and the continuous pressure from the MA moving averages has also led to the current market rebound being suppressed. The key resistance for Bitcoin is referenced at: 85500-87000. Due to the constantly declining high points, the short-term coin price rebound cannot effectively stabilize, so the focus remains on high short positions.
The current K-line trend on the 4-hour chart is extremely poor, with the MA5 daily moving average showing a slight turn, while the MA10 and MA30 moving averages continue to press down, and the overall trend of the BOLL band still shows a bearish divergence. Combined with the hourly chart, the current market tends towards a downward oscillation. The current lower support reference is: 80500-77000. Due to the slow fluctuations facing the weekend market, for intraday operations, my personal view is still to maintain a high short position as the main strategy, with low long positions as a supplement.
Operation strategy: 84800-85800 in batches for short positions. Target: 83000-81000 is sufficient. Stop loss: 86300.
No reference for long positions temporarily.
Ethereum's short-term trend is basically synchronized with Bitcoin, showing extremely poor resistance to decline. The current short-term trend is leaning towards a slight oscillation and decline. Due to the constantly declining high points, the current high resistance reference is at 2807-2880. The daily rebound cannot effectively break through any resistance above, so the focus remains on high short positions.
Operation strategy: 2765-2795 for short positions. Target: 2700-2640 is sufficient. Stop loss: 2820.
No reference for long positions temporarily.
For the current trend, it is expected to be sufficient, and follow-up will continue to track #鲍威尔发言 #ETH走势分析 #加密市场观察 .
Yesterday's market panic selling sentiment led to Bitcoin falling to the 80600 line again, triggering an oversold rebound. After the current daily update, the TD indicator continues to lag, with various indicators maintaining a downward divergence. The K-line shows a one-sided oscillation and decline, and the continuous pressure from the MA moving averages has also led to the current market rebound being suppressed. The key resistance for Bitcoin is referenced at: 85500-87000. Due to the constantly declining high points, the short-term coin price rebound cannot effectively stabilize, so the focus remains on high short positions.
The current K-line trend on the 4-hour chart is extremely poor, with the MA5 daily moving average showing a slight turn, while the MA10 and MA30 moving averages continue to press down, and the overall trend of the BOLL band still shows a bearish divergence. Combined with the hourly chart, the current market tends towards a downward oscillation. The current lower support reference is: 80500-77000. Due to the slow fluctuations facing the weekend market, for intraday operations, my personal view is still to maintain a high short position as the main strategy, with low long positions as a supplement.
Operation strategy: 84800-85800 in batches for short positions. Target: 83000-81000 is sufficient. Stop loss: 86300.
No reference for long positions temporarily.
Ethereum's short-term trend is basically synchronized with Bitcoin, showing extremely poor resistance to decline. The current short-term trend is leaning towards a slight oscillation and decline. Due to the constantly declining high points, the current high resistance reference is at 2807-2880. The daily rebound cannot effectively break through any resistance above, so the focus remains on high short positions.
Operation strategy: 2765-2795 for short positions. Target: 2700-2640 is sufficient. Stop loss: 2820.
No reference for long positions temporarily.
For the current trend, it is expected to be sufficient, and follow-up will continue to track #鲍威尔发言 #ETH走势分析 #加密市场观察 .