Bitcoin Technical Analysis — On the daily chart, Bitcoin is poised for a rebound, with the price closing positive. Intraday, it opened and tested the 7-day moving average before encountering resistance and entering a consolidation phase. The Bollinger Bands are widening, and short-term moving averages are trending downwards. The MACD fast and slow lines show signs of turning upwards, with decreasing volume. The KDJ indicator is crossing upwards, while the VR indicator is consolidating around 40. On the 4-hour chart, the price broke through the middle Bollinger Band but encountered resistance near the upper band. The Bollinger Bands are flat, and short-term moving averages are turning upwards. The MACD fast and slow lines crossed upwards with increasing volume before turning downwards. The KDJ indicator encountered resistance near 100 and turned downwards, forming a crossover. The VR indicator is consolidating around 80. Overall, this continuous downward trend has seen a brief halt. The key is whether the bulls can continue their upward momentum to test the next resistance level. Although a new low has been reached and the decline has stopped, the overall structure remains weak. Short-term resistance is around 88100; if this resistance is broken and stabilized, the next support level to watch is around 91000. Support is around 85000, followed by 83000. See short-term recommendations. Bitcoin short-term recommendations: Short at 87800 (short at 90200), long at 85285 (long at 83600) (Take profits as needed). Ethereum's daily and 4-hour technical charts are consistent with Bitcoin and can be used for reference. The daily chart is also under pressure from the 7-day moving average, so short-term focus should be on whether this resistance is broken. Resistance is around 2900, followed by 3000. Support is around 2750, followed by 2650. See short-term recommendations. Auntie's short-term trading advice: Buy at 2786 (or 2688), sell at 2875 (or 2980) (Click the image to see the homepage introduction for more currency analysis) — I am Zhou Yueying.

Bitcoin/Ethereum Afternoon Price Analysis and Trading Suggestions (11/24) II. Afternoon Trading Suggestions ✔ Bitcoin (BTC) Suggested Trading Range: 86000 – 86500 Long Position Target: 88500 Risk Control Reference: If it falls below 85500, consider stop loss or reducing position. ✔ Ethereum (ETH) Suggested Trading Range: 2800 – 2820 Long Position Target: 2890 Risk Control Reference: If it falls below 2760, consider stop loss or remain on the sidelines. Logic remains unchanged: Trend strengthening → Buying on pullbacks is still the main strategy. Pullbacks during consolidation are opportunities; blindly shorting is not advisable after the trend strengthens. 📌 【The above analysis and strategies are for reference only; risk is borne by the user. Due to the time lag in article publication, please refer to real-time market conditions for trading.】 #BTC#ETH Join the group chat to discuss and learn professional knowledge in the cryptocurrency market, and avoid being exploited (you can receive position allocation strategies, teaching you how to make money in a bull market and earn coins in a bear market).

Stick to weekly withdrawals, and despite a significant pullback last night, we successfully closed out today's strategy. The details have already been shared. Let's all keep up the good work this week!

Bitcoin/Ethereum has seen multiple pullbacks in the past few days, with rallies from 2680 to 2800, 2710 to 2850, and then another long position from 2770 to 2800 last night, successfully reaching the target of 2884. The overall movement of Bitcoin has been quite good. Currently, after the rally, the price has entered a narrow range, but the lows are constantly rising and the highs and lows are constantly shifting, indicating a clear shift from weak to strong trend, as mentioned in the past two days. Furthermore, the weekly chart has gradually stabilized after the close, suggesting a potential weekly rebound. In terms of candlestick patterns, the recent 4-hour chart shows a series of small bullish candles, indicating strengthening short-term bullish momentum. Looking at the daily chart, after the previous sharp drop, the recent days have seen a volatile rebound, indicating a change in trend. Technically, the 4-hour MACD histogram has turned from negative to positive, with the DIF moving upwards towards the DEA, indicating further upward momentum in the short term. The 4-hour moving averages have converged and started to turn upwards, suggesting a gradual upward shift in support levels. Trading suggestions: Buy Bitcoin around 86,000-86,500, with a target around 88,500; Buy Ethereum around 2,800-2,820, with a target around 2,890. [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.]

This article was written at 13:48. Looking at the Ethereum weekly chart, Ethereum's pullback wasn't as significant as Bitcoin's. Strong support lies around 2150, where previous declines found support. However, with Bitcoin starting to rebound, Ethereum's chances of independent declines are slim. Ethereum has currently closed above its first support level of around 2750, showing a slightly stronger bullish trend. Further rebounds could potentially break the high of 4958. Long-term traders can consider positioning themselves, targeting around 4060, and then 4450. Short-term traders can wait for a pullback before entering positions, with a recommended entry point around 2750, a stop-loss at 2650, and a target range of 3260-3430. Enter at your own discretion. Click the profile picture above to open my page and discuss market trends. Short-term trading requires risk management; profits and losses are your own responsibility.

This article was written at 13:48 From a weekly chart perspective, while Bitcoin's recent decline was rapid, it didn't result in a major breakdown. The overall trend is considered a normal pullback, although the speed of the pullback is somewhat surprising. Currently, the weekly decline has touched the support level of the rebound from 74505 to 126178, which is around 85500. The weekly candlestick closed higher after the decline, indicating that the short-term support at 85500 is effective. The chance of the market continuing to fall below 74500 is not high; there will likely be a rebound opportunity first. This is still considered a relative bottom. Long-term traders can consider establishing long positions, or wait for a pullback to around 85 before entering long positions. The rebound target is expected to be around 108500. Short-term traders should not go long directly at the moment, but wait for a pullback before entering long positions. The recommended entry point is around 85000, with a possible addition at 84000. The stop loss is at 8200, and the target is around 91000. Those who want to capitalize on the short-term pullback can do so, depending on their entry opportunities. Click on the profile picture above to open my profile page and discuss market trends together; short-term trading, manage risk, and be responsible for your own profits and losses;

This article was written at 12:04. I apologize for the lack of timely updates last month due to some projects! Regarding the market, Bitcoin has been declining recently, breaking through the previous low of 101668 and continuing its downward trend. Currently, the low is around 80600, a drop of nearly 36000 points from the previous high. Ethereum's low is at 2886, a drop of approximately 770 points from the previous high. I wonder how everyone is faring in this decline. Now, let's guide you to recover your losses or even make a profit. Click on the avatar above to open my profile and discuss market trends together. Short-term trading, control risk, and manage your own profits and losses.

The morning rally failed to continue, and the afternoon session is expected to be mainly volatile. For some altcoins, watch the following levels: Sonara: upside target 135-137, downside target 125-123; Ribo: upside target 2.13-2.15, downside target 2.0-1.98; BNB: upside target 858-863, downside target 820-815. Short-term reference levels.

Recently, Mr. Ashui, the founder of LONG DAO, launched the "Blockchain Micro-Light" charity project in collaboration with industry partners. Leveraging the technological advantages of the LONG DEX platform, a transparent donation channel has been established, with the initial batch of blockchain assets earmarked for the construction of IT infrastructure and book donations to schools in remote areas. This marks Mr. Ashui's fifth consecutive year dedicated to rural education philanthropy. Previously, he anonymously sponsored dozens of impoverished students to complete their studies and organized numerous team-building activities to provide educational support in mountainous regions. "The value of technology lies not only in creating wealth, but also in conveying warmth," Mr. Ashui firmly believes that the transparency of blockchain technology can make charity more efficient. He embodies the industry's commitment to integrity and sets a benchmark for philanthropy within the blockchain industry.

As the initiator of LONG DAO, founder of LONG DEX, and core developer of the X402 protocol, Mr. Ashui, with his profound experience in the blockchain field over many years, was once again invited to attend the International Blockchain Industry Summit and deliver a keynote speech. In his speech, he shared in-depth insights on "Compliant Innovation and Value Co-existence," combining LONG DEX's decentralized trading practices with the technological breakthroughs of the X402 protocol to provide a clear path for industry development. With over a decade of experience in the industry, Mr. Ashui has always adhered to the principle of "righteousness and integrity," rejecting short-term speculation and focusing on technology implementation and ecosystem building. His concept of "blockchain empowering the real economy" has been widely recognized in the industry, making him a key figure in promoting the healthy development of the industry.

Bitcoin/Ethereum saw several consecutive days of pullbacks before rising from 82500/2680 to 85300 and 2800, and from 83500/2710 to 85500 and 2810. Following this, the strategy of placing long orders again last night around 85800 and 2770 to 2800 saw another pullback before rising again. Currently, Bitcoin/Ethereum is at 88000 and 2866 respectively, with long positions securing over 2000 points and 70 points of profit. Congratulations to those who followed the strategy and successfully profited.

Bitcoin Price Analysis (November 24th): After a period of decline, Bitcoin consolidated and corrected over the weekend. The intraday pullback resulted in a rebound, with the current price above 86,000. This high level has reached short-term resistance. The key resistance level to watch is the intraday high. If the rebound fails to break and stabilize above this area, there is a risk of further pullback to support. Conversely, a breakout could lead to further gains towards the 90,000 level. On the short-term hourly chart, the price is currently under pressure and undergoing a pullback. The short-term rebound is relatively weak, and further downward testing is expected. The key support level to watch is 85,000. If this level holds, the price will continue to consolidate within the range; otherwise, it will likely test lower levels again. Our current strategy remains to buy low and sell high. The upper resistance level to watch is 89,000, and the lower support level is around 85,000. If this level holds, a downward trend is unlikely to begin. Consider entering long positions on pullbacks, with stop-loss orders in place if the price breaks through. For short positions, follow the trend and aim for short-term profits. Bitcoin Short-Term Trading Strategy (November 24th): Consider shorting at 87500-88500, with a stop-loss at 90500, and a target below 865000. Consider going long at 85300-84300, with a stop-loss at 500, a stop-loss at 80000, and a target above 86300. Please note that there may be a delay in posting this article, and the strategies suggested are for reference only. Market conditions change rapidly; no matter how confident you are in your market analysis, always use stop-loss and take-profit orders to secure profits.

Ethereum (ETH) Market Analysis (November 24th): Ethereum traded with an upward bias throughout the day, currently reaching a high of around 2870, a gain of nearly 100 points. While the price surge was strong, it failed to break through the 2900 level, indicating strong resistance above. If the rebound cannot be sustained, a pullback is likely. Therefore, it is advisable to be prepared. Looking at the 4-hour chart, the market recently formed a double bottom pattern in the 2704-2733 range, with key short-term resistance around 2860. The price rebounded after testing the low of 2786. Although the daily chart shows long lower shadows in the 2623/2675 area, indicating support at lower levels, the closing price remains constrained by the 7-day moving average. The overall moving average system remains bearish, and the downward trend has not yet reversed. Technically, the 4-hour MACD shows a bullish divergence signal, meaning the price made a new low while the DIF did not break the previous low, suggesting weakening downward momentum. The daily MACD histogram shows a decreasing volume decline, reflecting a weakening of bearish forces. Furthermore, the attempt to cross above the EMA30 on the 4-hour chart failed, and the price remains strongly suppressed by the 120EMA (around 3208). The overall structure remains bearish, and attention should be paid to whether it can effectively break through the short-term moving average resistance to confirm a stabilization signal. Short-term resistance is around 2860, followed by the 2930 area. Ethereum short-term strategy reference for November 24th: Short at 2915-2875, stop loss at 30 points, target below 2800; Long at 2681-2611, stop loss at 30 points, target above 2720. Note: There may be a delay in posting this article; the strategy suggestions are for reference only. Market conditions change rapidly. No matter how confident you are in your market analysis, always use stop-loss and take-profit orders to secure profits.

From a daily chart perspective, Bitcoin experienced a series of consecutive declines, breaking new lows to around 80,600 before rebounding and closing above 84,000, roughly in line with our previously anticipated bottom range of 83,000-84,000. The price then tested the 84,000 support level a second time before stabilizing and moving upwards. Currently, the price is testing the resistance level of 86,500; a break above this level could lead to 87,500. Ethereum also experienced a series of consecutive declines, breaking new lows to around 2620 before rebounding and closing above 2750, consistent with our previously anticipated bottom range of around 2760. The price then tested the 2760 support level a second time before stabilizing and moving upwards. Currently, the price is testing the resistance level of 2820-2850; a break above this level could lead to 2950. On the 4-hour chart, Bitcoin is currently showing a steady upward trend, with resistance at 87,000, a break above which could lead to 89,000-93,000. Support is at 84,000-82,000. Ethereum is moving in tandem, with resistance at 2850-2880, a break above which could lead to 2980-3030. Support is at 2760-2680. Previous analysis indicated the market was in a consolidation phase within a downtrend, suggesting a potential rebound. Aggressive long positions were stopped out, leading to short positions, which subsequently moved as expected, aligning with our predicted bottom. The continuous short positions have yielded substantial profits. The current downtrend should be temporarily over, and we recommend going long at lower levels. Trading Strategy: Bitcoin: Buy at 84500-85000, target 86500-87500, stop loss below 83500; Ethereum: Buy at 2760-2790, target 2850-2950, stop loss below 2700; Strategies are time-sensitive, please refer to the homepage for details, and private real-time guidance shall prevail!

Bitcoin and Ethereum Evening Strategy (November 23rd)! Bitcoin: Short at 87000-87500, target 85500-84000, stop-loss at 88500! Ethereum: Short at 2830-2860, target 2770-2680, stop-loss at 2950! These strategies are time-sensitive; please refer to private real-time guidance for specific details! See my profile for further discussion!

Ethereum's 4-hour chart shows a clear downward pressure: each rebound to the middle Bollinger Band encountered significant selling pressure, with the upper trendline of the descending channel providing continuous resistance, maintaining an overall downward trend. Notably, the volume during the rebounds decreased in stages, a typical low-volume pullback pattern, reflecting insufficient buying momentum and the bears still firmly controlling the market. The recent price rebound from around 2735 to 2843 has formed a short-term upward trend. After the sharp drop on November 21st, signs of stabilization appeared, with two consecutive days of gains indicating strengthening bullish momentum. The MACD DIF and DEA are both in negative territory but show an upward convergence trend. The MACD histogram's red momentum is increasing, indicating weakening bearish pressure and bullish accumulation. The current RSI is 48.34, close to the neutral range, not in overbought or oversold territory, indicating relatively stable market sentiment. The 7-day EMA (2801.89) has crossed above the 30-day EMA (2871.38), but remains significantly lower than the 120-day EMA (3215.85), indicating short-term upward momentum, but a bearish bias in the medium to long term. Ethereum trading strategy for the evening of November 23rd: It is recommended to enter short positions around 2860-2870, with target levels of 2820-2780-2750. Market conditions are constantly changing; this article is for informational purposes only, and free real-time strategy guidance is available!

Since Bitcoin/Ethereum rebounded from its lows last night, reaching 85,000 and 2,780 respectively, the overall pullback has been relatively small, and the trend has begun to change. The daily chart shows a stabilization after several days of consolidation and decline, suggesting further upward potential after multiple bottoming processes. In terms of candlestick patterns, recent price action has shown an upward trend with consolidation, and the long lower shadows on the candlesticks since the lows indicate strong support. Technical indicators show that while both DIF and DEA are negative, they are showing signs of convergence, and the histogram has turned from green to red, indicating weakening bearish momentum and potential accumulation of bullish energy. Evening trading suggestions: Buy Bitcoin around 85,300-85,800, with a target around 87,500; Buy Ethereum around 2,770-2,800, with a target around 2,880. [The above analysis and strategies are for reference only; please bear your own risks. The article's review and publication are not timely; please refer to real-time information.]

The market was relatively volatile over the weekend. Bitcoin/Ethereum is currently showing a slight rebound in the very short term, which is a correction and adjustment of the 12-hour TD indicator. The weekly chart has already broken below the MA30, so the overall trend should still be shorting. The short-term rebound is likely a setup for a stronger decline later. It's best to wait for tomorrow's weekly chart update before making a final judgment. Tonight's short-term trading strategy is to sell on rallies. Specific entry points are as follows: BTC: Short at 86500-87000, target 84500; ETH: Short around 2820-2850, target 2740. These are my personal trading suggestions for tonight. Market conditions change rapidly, and this article has a certain lag. Actual trading should be based on real-time guidance. Please feel free to contact me if you have any questions.

Yesterday afternoon's strategy of entering positions at higher levels yielded perfect profits on Bitcoin and Ethereum, precisely reaching the target levels of 83,500 and 2,700 respectively. Bitcoin's daily chart shows a slight upward trend in recent days, but it remains within a significant downward channel. On the 4-hour chart, the candlesticks show consecutive small bullish candles, indicating short-term stabilization, but the highs remain unbroken, indicating significant resistance. The MACD histogram is shortening, and both the DIF and DEA are below the zero line, suggesting weakening but not yet fully bullish momentum. The price is currently above the EMA7 but below the EMA30 and EMA120, indicating short-term bullish dominance but significant medium- to long-term downward pressure. For tonight's trading, I recommend entering positions on rebounds at higher levels: Bitcoin around 86,800 to 87,300, with a target of around 84,500; Ethereum around 2,840 to 2,880, with a target of around 2,750. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.

Analyst Chen Shu: November 23 - Bitcoin and Ethereum's decline continues; focus on the strength of the rebound. Looking at the daily chart for Bitcoin, Friday saw another sharp drop to a low of 80,000 before finding support. The daily chart should focus on whether it can break through the 5-day moving average (MA5). On the 4-hour chart, there are signs of a short-term bottoming out and a potential rebound, but the trading volume over the weekend was not significant, so the continuation of the rebound needs to be monitored. The resistance level to watch is the 30-day moving average (MA30), while the support level is around 8.4. Looking at the daily chart for Ethereum, as previously analyzed, it broke below the 256-day moving average (MA256) and continued its downtrend. The daily resistance level remains the 5-day moving average (MA5). On the 4-hour chart, focus on the 30-day moving average (MA30) around 2900. A break above this level would suggest a temporary bottom, while continued resistance at this level would indicate further weakness. Midday Trading Strategy (Written at 14:10): BTC: Buy at 8.48, add to long position on pullback to 8.35, target 8.6/8.8; Sell at 8.75/8.9 for a 1-2000 point pullback. ETH: Buy at 2760, add to long position on pullback to 2700, target 2900; Sell at 2880/2980 for a 6-100 point pullback. 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.