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BTC analysis on the evening of November 21
BTC showed a small rebound candlestick in the 1H timeframe, but the trading volume did not significantly increase during the rebound, indicating that the buying pressure in the short term is limited.
The 1080 position was previously a support level during the short-term fluctuations, and now it has become a potential resistance during the rebound. Looking at the 4H chart, the overall trend is still in a corrective oscillation rhythm, and there are no signs of a significant stabilization with increased volume. Therefore, even if there is a rebound in the 1H timeframe, it is temporarily difficult to see a major breakthrough. If 1080 cannot be broken, the rebound is likely to face pressure and decline.
Evening operation direction
BTC retreated to the range of 1068-1062.
Target 1080, looking up at 1095 #ETH rebound imminent?