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Liang Qiu: Bitcoin/Ethereum trend strengthens on November 22; watch for pullback after initial surge.

2025-11-22 01:49:29
Shareshare
Bitcoin/Ethereum saw a successful long position entry at 82500 and 2680 overnight, with the price surging to 85500 and 2800 respectively within an hour, resulting in profit-taking. After a night of ups and downs, the overall volatility is narrowing, and the lows are trending higher, indicating a stabilizing trend. A new rebound is expected after multiple bottoming attempts. However, multiple bottoming attempts are needed in the short term, and the market remains volatile. Recent candlestick patterns show a downward trend, with multiple long upper shadows and large bearish candles on the daily chart, indicating heavy selling pressure and weakening bullish momentum. Technical indicators show both DIF and DEA below the zero line and diverging downwards, indicating dominant bearish momentum, but the shortening green bars suggest some stabilization. Intraday trading strategy: Short Bitcoin around 85500-86000, target around 83500; Short Ethereum around 2800-2830, target around 2740. For Bitcoin, consider entering long positions around 83000-83500, with a target of around 85300; for Ethereum, consider entering long positions around 2700-2720, with a target of around 2790. [The above analysis and strategies are for reference only. Please bear your own risks. Article review and publication are not timely; please refer to real-time information.]
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