Mu Feng looks at the trend: November 25 Bitcoin/Ethereum market analysis with operational suggestions.

CN
1 hour ago

Overall, the selling pressure on the daily chart is still quite significant. Bitcoin/Ethereum has shown a slight rebound in intraday sentiment, and this is currently an excellent opportunity for us to enter short positions. In the short term, we will focus on a high short trading strategy. Specific points of reference are as follows:

BTC: Short at market price around 87500, target 86000, if broken, look for 85000 level, with a stop loss above 89000.

ETH: Short at market price around 2870, target 2800, if broken, look for 2750 level, with a stop loss above 2920.

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