To Li: November 27th Early Morning BTC ETH Operations and Analysis Daily Summary
Yesterday, the market was intensely competitive, with significant fluctuations in prices. BTC made a strong upward push in the morning, reaching a daily high of 88200 before facing resistance and pulling back. In the afternoon, it dipped to 86851 and stabilized, beginning to rebound; however, the bulls attempted another upward movement but failed to break the previous high around 87947, turning back down to a daily low of 86260. After that, market sentiment gradually improved, and ETH rose gently, making a strong surge in the evening, breaking through the 90000 mark. The movement of ETH was highly synchronized with BTC, having surged to 2983 in the morning before oscillating downwards, dipping to a low of 2887 in the evening, and then receiving strong buying support for a robust rebound, ultimately also breaking through the 3000 mark. The market has gradually entered a stabilization and recovery phase after experiencing a deep correction in the early stage. The price has successfully stabilized above the lower Bollinger Band, and the overall trend shows a narrow fluctuation pattern of alternating small bearish and bullish candles, clearly reflecting that both sides of the market have reached a delicate dynamic balance in the current area. This market structure usually indicates that the market is gradually digesting the previous severe fluctuations through a "time for space" approach, which is a typical characteristic of phase consolidation, while also continuously accumulating potential momentum for the next trend-driven market. BTC: 89500-90000 Look at 92000 ETH: 3000-3030 Dokan 3200#Gate广场圣诞送温暖 #非农数据超预期 #反弹币种推荐
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.
To Li: November 27th Early Morning BTC ETH Operations and Analysis Daily Summary
Yesterday, the market was intensely competitive, with significant fluctuations in prices. BTC made a strong upward push in the morning, reaching a daily high of 88200 before facing resistance and pulling back. In the afternoon, it dipped to 86851 and stabilized, beginning to rebound; however, the bulls attempted another upward movement but failed to break the previous high around 87947, turning back down to a daily low of 86260. After that, market sentiment gradually improved, and ETH rose gently, making a strong surge in the evening, breaking through the 90000 mark. The movement of ETH was highly synchronized with BTC, having surged to 2983 in the morning before oscillating downwards, dipping to a low of 2887 in the evening, and then receiving strong buying support for a robust rebound, ultimately also breaking through the 3000 mark.
The market has gradually entered a stabilization and recovery phase after experiencing a deep correction in the early stage. The price has successfully stabilized above the lower Bollinger Band, and the overall trend shows a narrow fluctuation pattern of alternating small bearish and bullish candles, clearly reflecting that both sides of the market have reached a delicate dynamic balance in the current area. This market structure usually indicates that the market is gradually digesting the previous severe fluctuations through a "time for space" approach, which is a typical characteristic of phase consolidation, while also continuously accumulating potential momentum for the next trend-driven market.
BTC: 89500-90000 Look at 92000
ETH: 3000-3030 Dokan 3200#Gate广场圣诞送温暖 #非农数据超预期 #反弹币种推荐