Bitcoin Technical Analysis — On the daily chart, after a sharp drop following the previous candlestick pattern, Bitcoin opened slightly lower before declining again. The Bollinger Bands are trending downwards, and short-term moving averages remain in a bearish alignment. The MACD lines are extending downwards with increasing volume, the KDJ indicator is turning upwards, the VR indicator is consolidating around 40, and the RSI is trending downwards in oversold territory. On the 4-hour chart, after breaking below the lower Bollinger Band, the price recovered and tested upwards before encountering resistance and trending downwards again. The Bollinger Bands are trending downwards with signs of narrowing, short-term moving averages are turning upwards, the MACD lines are flattening after turning, the volume bars are decreasing, the KDJ indicator is crossing upwards, and the VR indicator is consolidating around 60. Overall, yesterday's price action was in line with my expectations, as I emphasized in my previous post that there was still room for acceleration, at least exceeding expectations, with the price briefly dipping to around 81100 before rebounding. Based on recent indicator feedback, the market remains weak, and indicators also need correction. I expect range-bound trading over the weekend, with short-term resistance around 86000 and support around 81800. See my short-term recommendations. Bitcoin Short-Term Trading Recommendations: Short at 85200, Long at 82500 (Take profits as needed after strategy activation). The short-term strategy mentioned above on Ethereum accurately captured the rebound, with the recommended long position at 2630. The price rebounded from 2620 to around 2805, a move of approximately 170 dollars, representing a short-term bottom-fishing opportunity. Overall, technical analysis should be referenced in conjunction with Bitcoin. The weekend trading range to watch is 2800-2650; a break below this level will require further adjustments. Refer to the short-term recommendations below. (PS: If a break below this level occurs, refer to the second long entry point mentioned above.) Ethereum Short-Term Trading Recommendations: Long at 2658, Short at 2788 (Click the image to see the homepage introduction for more cryptocurrency analysis) — I am Zhou Yueying.

After a pullback in Bitcoin/Ethereum overnight, I entered long positions at the current price of 82,500 and 2,680. The price rallied to 2,800 and 85,500 within an hour, successfully triggering profit-taking. This morning, I again adopted a buy-low-sell-high strategy, entering positions near the entry points. Over the weekend, the overall volatility was low, indicating a consolidation phase before a breakout. The lows are consistently rising, and the price range is gradually narrowing, suggesting a potential trend reversal. Multiple trades should yield substantial overall gains. The intraday buy-low-sell-high strategy remains effective.

Bitcoin's current daily chart shows a downward trend with consecutive days of declines and gradually lower highs. On the 4-hour chart, both the DIF and DEA are negative, and the MACD histogram shows a continuous green bar, but the shortening trend indicates weakening bearish momentum. The current price is trading below the EMA7, and the EMA7, EMA30, and EMA120 are all trending downwards, indicating strong short-term resistance. Intraday trading recommendations are: Bitcoin around 95,000-95,500, with a target around 93,500; Ethereum around 2770-2800, with a target around 2700. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.

Yesterday's short position on Ethereum exited perfectly, securing nearly 120 points of profit, and the trend continues today... Currently, the daily chart shows a complete breakdown, with the lower Bollinger Band being breached, and the price is barely catching its breath around 2730. The RSI has reached the extreme oversold zone of 27, and the MACD histogram continues to expand. Although there is still downward pressure in the short term, a technical rebound is possible after such a sharp drop. Looking at the four-hour chart, the candlestick pattern shows multiple bearish candles, with a slight rebound after the recent sharp drop, but the overall trend remains in a downward channel, failing to break through key resistance levels. The MACD histogram shows strong bearish momentum, with both DIF and DEA below the zero line and the difference widening, indicating that the market remains weak. The RSI value is 33.14, close to the oversold zone, but not yet in the extreme oversold area, suggesting a potential short-term technical rebound. The EMA7, EMA30, and EMA120 are all diverging downwards, and the price is currently below all moving averages, with the EMA7 acting as short-term resistance. Key levels: 2620 is the last line of defense; a break below this level would target 2500. The 2850-2900 area has become a new strong resistance zone. Ethereum trading strategy for November 22nd: Short at around 2770-2790, targets 2720-2680-2600. Hold if it breaks below 2600! For a trend rebound, consider adding to short positions around 2840, targets 2740-2700-2680. Market conditions change rapidly; this article is time-sensitive, and real-time strategy guidance is free!

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.]

The strategy of placing long orders for Bitcoin/Ethereum at 82500 and 2680 in the early morning has yielded positive results. After a pullback, the price has rallied and is now at around 85400 and 2792 respectively. The long positions have captured 2900 points and 110 points of profit, exceeding all targets. Congratulations to those who followed the strategy and successfully profited significantly.

Bitcoin/Ethereum has been a relatively weak overall trend in the past few days, with significant downside potential. Last night, it plunged to around 80600 and 2620 before quickly rebounding, with relatively small pullbacks after the rebound, indicating short-term stabilization. The hourly chart shows a long lower shadow and a bullish candle, suggesting some stabilization in the short-term decline. However, given the multiple breaks of lows, further downward movement is expected to test support levels before another rebound. The four-hour chart has also stabilized and rebounded, with the night's low serving as a key short-term support level. Support levels for the hourly consolidation candlestick are around 82000 and 2660. Don't assume the rebound is over after the current rebound; it's not over yet, and further upward movement is expected after a pullback to test the bottom. Trading suggestions for tonight: Buy Bitcoin around 82000-82500, target around 84500; Buy Ethereum around 2660-2680, target around 2760. The above analysis and strategies are for reference only; please bear the risks yourself. Article review and publication may not be timely; please refer to real-time updates.

Brothers! Today's plunge saw a range of over 4000 points in less than 5 minutes, another Black Friday with oversold conditions. How are you all doing, bullish brothers? This downward move validated my previous prediction of a bearish trend. Some people call me a bearish leader, but isn't being a bear good? Bitcoin and Ethereum had already reached their peaks and couldn't be pushed any higher. Many people said 6000 would be the bottom, but I say, forget about it. We're going to short for the long term, going straight to the bottom. So all long-term long positions ended in disappointment today. The downward trend continues, so my weekend trading strategy is: Bitcoin around 83500-84000, watch for 81500; Bitcoin around 2730-2760, watch for 2650-2600.

Bitcoin's daily chart shows three consecutive days of decline, with the price falling from its highs and forming a clear downtrend. On the 4-hour chart, the price action shows a downward trend with lower lows, indicating short-term dominance by the bulls. The MACD histogram is negative and widening, with both DIF and DEA below the zero line, suggesting strong bullish momentum. The RSI has entered oversold territory but shows no signs of a rebound, requiring monitoring for a continuation of the weakness. Following the trend, it is recommended to enter positions on rallies tonight. Suggested entry points for Bitcoin are around 83800-84300, with a target of around 81500. For Ethereum, consider entering around 2740-2780, with a target of around 2650. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.

The daily chart closed with a large bearish candlestick on high volume, breaking through the recent support level of 3000 points again. The decline continued today, currently finding support around 2750, near the strongest Fibonacci resistance line (61.8% retracement level). This level also coincides with the upper support of the 2400-2700 range where Ethereum consolidated between May and July this year. The short- and medium-term moving averages (MA7/14/30/90) all show a bearish divergence, especially the short-term MA7, which provides strong resistance. The price action has consistently moved downwards around the MA7 without any reversal or effective stabilization, indicating that Ethereum is in a one-sided downtrend dominated by bearish momentum. The strong decline accompanied by continuously increasing trading volume suggests insufficient rebound energy, indicating only a technical corrective bounce. The MACD indicator's fast line has opened downwards again, with the histogram expanding negatively and showing no signs of convergence or bullish divergence. Looking ahead to the next week, pay close attention to the support zone between 24 and 27. If the daily chart repeatedly tests this range and rebounds, with a significant downward impact and increasing trading volume, it could be seen as a bottoming signal. Conversely, a break below 2400 could trigger a new round of panic selling. For intraday trading, focus on the 2780-2830 resistance level for potential shorting opportunities, and the 2700-2650 support level. Ethereum trading recommendations for the evening of November 21st: Short Ethereum around 2720-2740, with targets at 2680-2640-2620. Hold if it breaks below 2500! For a trend rebound, consider adding to short positions around 2780, with targets adjusted accordingly! Market conditions are constantly changing; this article is for informational purposes only, and real-time strategy guidance is available free of charge!

Looking at the daily chart for Bitcoin, the previous candlestick was a large bearish one. Intraday opening saw continued downward testing of the Bollinger Bands' downward opening. Moving averages remain in a bearish alignment, the MACD fast and slow lines are extending downwards with increasing volume, the KDJ turned downwards but failed to cross, and the VR indicator is consolidating around 40. The RSI continues downwards in oversold territory. On the 4-hour chart, the price encountered resistance around the middle Bollinger Band and fell below the lower band with consecutive bearish candlesticks. The Bollinger Bands are widening downwards again, short-term moving averages are extending downwards, the MACD fast and slow lines have crossed downwards with increasing volume, the KDJ shows signs of turning upwards, and the VR indicator is consolidating around 40. Overall, all indicators continue to point downwards, maintaining an extremely weak market. It is predicted that the market will experience another wave of accelerated decline before it can completely stop falling and force the bulls to surrender. The estimated price target is around 77,000, with short-term resistance below 88,000 and support around 83,000. This is a short-term trading suggestion. Bitcoin short-term trading suggestions: Buy at 83800, sell at 86900 (take profits as needed after strategy activation). Ethereum has hit a new low, so I won't go into the technical aspects; it's also extremely weak overall. Use it in conjunction with Bitcoin for reference only. Currently, the market shows signs of accelerating downwards and the rebound is weak. Therefore, only long entry points are provided for reference today. For short entry points, consult Yueying for short-term suggestions. Ethereum short-term trading suggestions: Buy at 2630, buy at 2588 (Click the image to see the homepage introduction for more cryptocurrency analysis). —I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!

Looking at the daily chart for Bitcoin, the previous candlestick was a large bearish one. Intraday opening saw continued downward testing of the Bollinger Bands' downward opening. Moving averages remain in a bearish alignment, the MACD fast and slow lines are extending downwards with increasing volume, the KDJ turned downwards but failed to cross, and the VR indicator is consolidating around 40. The RSI continues downwards in oversold territory. On the 4-hour chart, the price encountered resistance around the middle Bollinger Band and fell below the lower band with consecutive bearish candlesticks. The Bollinger Bands are widening downwards again, short-term moving averages are extending downwards, the MACD fast and slow lines have crossed downwards with increasing volume, the KDJ shows signs of turning upwards, and the VR indicator is consolidating around 40. Overall, all indicators continue to point downwards, maintaining an extremely weak market. It is predicted that the market will experience another wave of accelerated decline before it can completely stop falling and force the bulls to surrender. The estimated price target is around 77,000, with short-term resistance below 88,000 and support around 83,000. This is a short-term trading suggestion. Bitcoin short-term trading suggestions: Buy at 83800, sell at 86900 (take profits as needed after strategy activation). Ethereum has hit a new low, so I won't go into the technical aspects; it's also extremely weak overall. Use it in conjunction with Bitcoin for reference only. Currently, the market shows signs of accelerating downwards and the rebound is weak. Therefore, only long entry points are provided for reference today. For short entry points, consult Yueying for short-term suggestions. Ethereum short-term trading suggestions: Buy at 2630, buy at 2588 (Click the image to see the homepage introduction for more cryptocurrency analysis). —I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!

Analyst Chen Shu: 11.21 Bitcoin and Ethereum's downtrend continues unabated, breaking through key levels. Short-term focus should be on the strength of any rebound. Looking at the daily chart for Bitcoin, yesterday's large bearish candle broke through previous lows, and it remains unable to break and hold above the 5-day moving average (MA5). On the 4-hour chart, short-term rebounds have consistently failed to break and hold above the 30-day moving average (MA30), which can be treated as a resistance level. Currently, the short-term downtrend has temporarily stopped around 8.5. Shorting opportunities on rebounds can be considered at the highs of 8.9/9.2, with further support expected below 8.5. Looking at the daily chart for Ethereum, the daily chart has essentially confirmed a break below the 256-day moving average (MA256), indicating a potential next phase of decline. On the weekly chart, it has broken below the 120-day moving average (MA120) around 2850, with the next support level at the 256-day moving average (MA256) around 2530. On the 4-hour chart, it is also continuously suppressed by the 30-day moving average (MA30). The focus should be on whether any rebounds can break and hold above this level; failure to do so suggests continued weakness. Midday Trading Strategy (Written at 13:40): BTC: Short at 8.8, add to short position on rebounds to 8.9/9.1, target 8.7/8.5; consider long positions at 8.35/8.25. ETH: Short at 2860, add to short position on rebounds to 2930/3000, target 2800/2700; consider long positions at 2700/2600. Daily analysis strategies have a very high win rate! Analysis is not easy, so please give a free follow, save, like, and comment. Thank you! Welcome to leave comments below for discussion; I will reply to each one.

The delayed non-farm payroll data was much higher than expected, but it failed to boost the market, which remained weak overall. A significant rebound will only occur after the bulls have completely surrendered. Short-term altcoin references are as follows: Sonara: Short-term support is at 125-120; a break below this level could extend to around 110. Resistance is at 135-137. Ribbo: Short-term support is at 1.88, followed by 1.72. Resistance is at 2.05-2.1. NB: Support is at 830-825; a break below this level could see a move towards 760. Resistance is at 890-900. Lotto: Short-term support is at 600-590; a break below this level could see a retest of 500. Resistance is at the previous high of 700-710. (For reference only.) For more cryptocurrency analysis, click the image to see the homepage introduction.

Today's trading strategy: Buy Bitcoin at 85000-85500, target around 87000; buy Ethereum at 2780-2800, target around 2880.

Bitcoin and Ethereum long positions secured gains in the early morning: Our bullish strategy was validated once again in the early morning of November 21st. Our initial target levels for Bitcoin were 87,000 and Ethereum 3,810. We exited positions promptly when Bitcoin reached 88,100 and Ethereum 2, taking profits at 2,900 to prevent a rebound. The market movement largely met expectations. Such market conditions allow for profit-taking regardless of whether you're going long or short; the key is your entry point. In this strategy, we secured nearly 1,100 points of profit on Bitcoin and over 90 points on Ethereum. Those who followed our strategy definitely profited. All our strategies and entry points are provided in advance and are traceable.

Brothers, I sold my long position at 2847 yesterday at 2900, and now I'm going long again.

The strategy has already been posted. Your entry points are all a little lower than mine. Let's see if you can trap me by midnight!

Mu Feng's Trend Analysis: The market continues its downward trend. The short-selling strategy deployed in the early morning perfectly validated the strategy publicly shared online. The previously announced short-selling strategy, shorting Bitcoin around 89,000, has successfully reached the target price of 87,000, securing over 2,000 points of profit. Ethereum was also shorted at 2910, with a target of 2810, which was successfully reached, securing over 100 points of profit. Congratulations again to those who followed the short-selling strategy! Remember to manage your profits wisely within the trading range. Those who missed the trades can contact us via our homepage!

Bitcoin and Ethereum Trading Suggestions and Future Trend Analysis (11/21): Yesterday afternoon's bearish outlook was validated once again. Our bearish strategy focused on Bitcoin at 92600 and Ethereum at 3060. Bitcoin has now precisely hit its profit target at 900500, and Ethereum reached 2965, at which point we also exited. Our strategy was entirely accurate and perfectly aligned with our expected bearish trend. In this strategy, we gained nearly 2100 points on Bitcoin and over 100 points on Ethereum. Those who followed our strategy definitely profited. All our strategies and entry points are provided in advance and are traceable. This non-farm payroll data felt somewhat exaggerated and lacked substance. The market trend continues to align with our downward direction. Looking at the current market, although Bitcoin is still in a downtrend and the market is still dominated by short sellers, judging from the current downward trend, it can't keep falling indefinitely; a rebound is inevitable. Therefore, I believe there will be a short-term rebound. Based on the above, my overnight trading suggestion is to focus on buying at lower levels. For Bitcoin, consider buying around 87000-87500, with a target around 89500. For Bitcoin 2, consider buying around 2810-2830, with a target around 2930-2960.