11.28 Morning Market Update: Under shrinking Liquidity, the short positions pattern still dominates!

The warmth of the Thanksgiving holiday has not yet dissipated, and the sharp decline in market liquidity has directly led to a continuous narrowing of the volatility range for Bitcoin, making the consolidation trend increasingly clear. It is important to be alert to the fact that Bitcoin has repeatedly touched the 92000 level and has shown a lack of upward momentum and weak breakthroughs, which clearly confirms the current market structure dominated by short positions—short-term rebounds are merely corrections, not signals of a trend reversal!
1. Bitcoin Trading Strategy
• Entry timing: rebound to the 91800-92500 range
• Operation Direction: Layout short positions
• Target price: First target 89500
• Follow-up response: If the 89500 level holds, you can open long positions.
2. Ethereum Operating Strategies
• Entry Timing: Rebound to the 3050-3100 range
• Operation direction: choose to short positions
• Target Price: First target 2970
• Follow-up response: If the 2970 support level holds, you can set up long positions.
Risk warning: Current liquidity is low, price fluctuations may be accompanied by spikes, it is recommended to strictly set profit-taking and stop-loss orders, and control positions!