#BTC 11.27 Afternoon Market Analysis

1. Core Market Judgment

The current market is under pressure and has retreated, with the upward momentum in the morning being hindered. The upward momentum continues to weaken, and a preliminary downward trend on an hourly basis has emerged, leaning towards a bearish sentiment in the afternoon.

2. Key Technical Signals

• Four-hour level: Operating on the upper band of the Bollinger Bands, although consecutive bullish candles are present, the strength is diminished, and the bullish rebound lacks momentum;

• Hourly level: Alternating high positions of Yin and Yang, the dense shadow lines above highlight resistance, and the upper edge of the entity channel is moving down.

3. Afternoon Trading Strategy (Focus on Short Positions)

1. Large pancake: Lay short positions in the range of 91100-91700, with a target below 90000;
2. Ethereum: Short positions in the range of 3040-3070, with a target below 2950.