Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 11.20

Bitcoin's current price has formed a fluctuating upward trend, with gradually rising lows and some breakouts. Yesterday's long lower shadow indicates strong support, followed by a rebound. On the 4-hour chart, the MACD histogram has turned from negative to positive, with the DIF converging towards the DEA, showing signs of a golden cross, indicating a short-term bullish trend. The RSI is gradually recovering from the oversold zone but has not yet entered the overbought zone, suggesting further strengthening. The price has broken through and stabilized above the EMA7 and is approaching the EMA30. If it can effectively break through the EMA30, the short-term upward momentum will strengthen. Intraday trading recommendations are to buy on dips: Bitcoin around 91300-91800, with a target around 93500; Ethereum around 2970-3000, with a target around 3100. However, market conditions are constantly changing, and this article is time-sensitive. Those entering the market should refer to real-time guidance.