Analyst Chen Shu: Bitcoin and Ethereum strategies from yesterday yielded profits on November 20th. Watch for the strength of the rebound and whether it will reverse.

Analyst Chen Shu: Bitcoin and Ethereum strategies were profitable yesterday (November 20th). Focus on the strength of the rebound and whether it will reverse. Yesterday's analysis suggested shorting Bitcoin at 9.17 and Ethereum at 3060. The market rebounded as expected, resulting in a profit of 3000/200 points for the short positions. The random long strategy again yielded over 4000/150 points. Those who followed the long/short strategy could have profited over 7000/350 points. Congratulations to those who followed the strategy. Looking at the daily chart for Bitcoin, the long lower shadow and two wicks suggest a potential bottom. Currently, the price is at the 5-day moving average (MA5). Watch whether the price can continue to rebound and break through and hold above this level. On the 4-hour chart, the price has rebounded for three consecutive days with three red candlesticks, reaching the 30-day moving average (MA30). Watch for a breakout at this resistance level, around 9.35, which is also the high of yesterday's rebound. If it breaks through and holds, the next target is 9.5. Conversely, if it fails to break through, a continued weak pullback is expected. From the daily chart, Ethereum continues to trade below the 256-day moving average (MA256). The key resistance level to watch for any rebound is around 3120. Until a strong breakout occurs, we maintain a slightly bearish bias. Consider a breakout long position only before a strong breakout. The resistance level can be referenced on the 1-hour chart's 120-day moving average; previous rebounds to this level have resulted in pullbacks. Midday Trading Strategy (Written at 13:30):