Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Xiaoyao KOL: Evening Analysis of Bitcoin and Ethereum Market 11.24



Last night’s strategy was to short at a high position. The market moved sideways over the weekend with limited overall range. Currently, on the daily chart, Bitcoin shows a gradual pullback after significant volatility. On the 4-hour chart, there are two consecutive bearish candles, indicating a short-term weak retracement. Both DIF and DEA are below the zero axis, the MACD histogram is shrinking but still negative, selling power is dominant, RSI is close to oversold but hasn't entered a strong trend zone, and the rebound momentum is limited. The current price is below EMA7, EMA30, and EMA120, with EMA7 crossing below EMA30, signaling a short-term bearish trend. Tonight, it is recommended to short on rebounds at higher levels.

Trading suggestion: Short Bitcoin around 86,800 to 87,300, target around 84,500; short Ethereum around 2,830 to 2,860, target around 2,750. Market conditions are constantly changing, and this article is time-sensitive. For those already in position, please follow real-time guidance. #Gate广场圣诞送温暖 #非农数据超预期 #反弹币种推荐
BTC-5.05%
ETH-5.59%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)