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Yueying: 11.20 Bitcoin Ethereum Today's Market Analysis The Late Non-Farm Night Will Bring a Brand New Pattern Let's Take a Look at Today's Share!



Bitcoin Technical Analysis————

Bitcoin rebounded quickly after breaking below 90,000 yesterday and hitting a new low, with the previous short at 93,100 currently only moving about 1,000 dollars. Looking at the daily chart, the candlestick formed a double bottom, and the opening today retested the 7-day moving average but faced resistance, entering a correction. The Bollinger Bands are running downwards, and the moving averages continue to maintain a bearish arrangement. The MACD fast and slow lines are extending downwards with a decrease in volume, the KDJ has crossed upwards, and the VR index is consolidating around the 50 value, while the RSI continues to oscillate in the overbought zone. On the four-hour chart, the candlestick still maintains a downward oscillation, testing the lower track before finding support and rebounding again, currently facing resistance near the middle track. There are signs of the Bollinger Bands narrowing again, with short-term moving averages flattening out. The MACD fast and slow lines have crossed upwards again with an increase in volume, and the KDJ is extending upwards, with the VR index consolidating around the 60 value. Overall, the weak oscillating structure continues to be maintained, and Yuying's view remains unchanged. When the market hits a new low, one should not blindly chase; each new low is accompanied by a rebound. Non-farm payroll data will be released at 9:30 PM tonight, including the unemployment rate and the initial jobless claims for the week, which are expected to bring volatility to the market. Currently, the technical resistance above is around 94,000, and considering the impact of news, pay attention to the resistance below around 95,000, with support above 90,000. See short-term suggestions.

Short-term advice for Bitcoin: Short at 94800, Long at 90500 (Activate strategy and take profits at your discretion)

Auntie Technical Analysis ————

After the Auntie Tai Xu broke 2900, the market returned to above 3000 again. The overall technical structure remains weak and shows a downward trend consistent with Bitcoin. The low point last night was quite dramatic; when analyzing on the 18th, the expectation was to buy at 2878, but it was a day late to come out. During the day, consider the news factors and pay attention to the range of 3200-2900, and look for short-term suggestions.

Auntie's short-term suggestion: Short at 3155 above 2950 (activate the strategy and take profit at your discretion)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can discuss and learn operations with me! Let's communicate together and profit together! #BTC #ETH
BNB2.57%
SOL2.97%
XRP0.88%
ETH3.07%
BTC1.74%
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