Analyst Chen Shu: On November 23, Bitcoin and Ethereum continue to decline, focusing on the continuation of the rebound strength.

From the daily chart of Bitcoin, the market fell sharply again on Friday, hitting a low of 80,000 before stopping the decline. The focus is on whether it can break through the daily MA5 moving average. From the 4-hour level, there are signs of a short-term stop and rebound, but the trading volume over the weekend has not increased, so we need to pay attention to the continuation of the subsequent rebound. The resistance level to watch is the MA30 moving average, while the support level is around 84.

From the daily chart of Ethereum, as previously analyzed, it has continued the bearish trend after breaking below the MA256 moving average. The daily resistance level still focuses on breaking through the MA5 moving average. At the 4-hour level, pay attention to the breakthrough of the MA30 moving average at the 2900 level. If it breaks through, consider a temporary stop to the decline; otherwise, if it continues to be suppressed by this level, the weakness will persist.

Midday trading strategy (written at 14:10):

BTC: Long at 8.48, add long at a pullback to 8.35, target 8.6/8.8; short at 8.75/8.9 looking for a 1-2000 point pullback.

ETH: Long at 2760, add long at a pullback to 2700, target 2900; short at 2880/2980 looking for a 6-100 point pullback.

The daily analysis strategy has a very high win rate! Analysis is not easy, and I hope everyone can give a free follow, bookmark, like, and comment. Thank you all, and feel free to leave a message below for discussion; I will reply to each one.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。