Mu Feng looks at the trend: Analysis of Bitcoin/Ethereum market on the evening of November 23 with operational suggestions.

CN
2 hours ago

Maple Looks at Trends: Bitcoin/Ethereum Market Analysis and Trading Suggestions for the Evening of November 23

The weekend market is relatively volatile, and Bitcoin/Ethereum is currently showing a slight rebound in sentiment on a very short-term basis, which is a correction adjustment of the 12-hour TD indicator. The weekly trend has already broken below the MA30, so the main trading strategy remains focused on short positions. As for the short-term rebound, it is likely a buildup for a stronger decline later. It is best to wait for tomorrow's weekly update before making further judgments. For the evening's short-term trading suggestions, the focus should still be on shorting during the rebound, with specific levels as follows:

BTC: Short at 86500-87000, target 84500

ETH: Short near 2820-2850, target 2740

The above are personal trading suggestions for the evening. The market is constantly changing, and this article may have some lag. Specific operations should be guided by real-time market conditions. If you have any questions, feel free to consult.

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