11.26



BTC
A couple of days ago, I mentioned that we should pay attention to the short-term stop-loss position for Bitcoin at this level, focusing on its right-side fluctuations. Currently, it seems to be fluctuating on the right side. Yesterday, I also pointed out that there is still room above at the daily level, and it remains the same now; the daily level still has room, but it depends on whether it can continue at this four-hour position. If it does not break below 86000 during the day, it will continue to fluctuate upwards around the upper range. Remember, this is a rebound, not a reversal. Also, pay attention to whether it can hold above the 88900 level. If it can hold, it will open up a small amount of upward space. Support levels are 86700-86000-84000, and resistance levels are 88900-92900.

ETH
After reaching the support level of 2862 that I mentioned yesterday, a rebound occurred. Meanwhile, please pay attention to the resistance above at 2980. After hitting the resistance this morning, a pullback also occurred. From the current perspective on Ethereum, there is still room for a rebound at the daily level, but the momentum will not be very strong. At the same time, we need to watch whether the four-hour level can continue. The same thinking applies to the smaller time frames; as long as it doesn't stabilize above 2980, it will look for support again around 2800 to 2860. If it can stabilize, it is likely to move around 3100. After reaching that point, it will also make a downward move, with support at 2865-2800 and resistance at 2980-3100.
BTC0.27%
ETH0.06%
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