Thanksgiving holiday causes the US stock market to be closed for a day, and the crypto market also enters a sideways recovery mode. Friends who are trapped indeed need some patience; the weekend is almost here, and it's highly likely that the market will still be in a fluctuating state. The monthly line is about to close, and next week when the market opens, it will be a brand new December.

From the monthly K-line perspective, although the price once broke through the middle track of the Bollinger Bands, it has now returned above the middle track. The MACD has already dead-crossed and is diverging downwards, and the RSI indicator is also oscillating downward in a channel. The weekly K-line is even more evident, with the price lingering below the lower track and the MACD bearish bars continuing to expand. The daily K-line's rebound is almost touching the middle track resistance level, while the three tracks of the Bollinger Bands still maintain a downward opening posture.

Considering these signals, my overall direction is still bearish. Each rebound is actually an opportunity to short, or you could say it’s a chance to average down. Next week, the focus will be on whether we can test the 80000 level again.

Specific operational aspects: Short positions built around 91000 can be held, and the previous batch at 88000 can also continue to be held. Currently being trapped is just temporary, just control the position well. If you haven't entered the market yet, consider shorting in batches in the range of 92000 to 93000 today. The lower support levels to watch are the two round numbers 90000 and 88000. Once it breaks below 88000, this round of rebound will basically be declared over, and the short positions will naturally be freed. The subsequent target looks at the line of 85300.

Ethereum is repeatedly tugging around the 3000 mark. The short positions opened at 2950 and 3050 are currently a bit awkward, so I will continue to hold and wait for a pullback. If there are no positions, keep an eye on the daily mid-track resistance levels of 3100 and 3150 for shorting opportunities, and pay attention to the support levels at 2970, 2890, and 2790 below.