"Market Analysis on November 26: A Double Bottom Must Be Completed Before Testing the Top"

The market volatility in the past couple of days has been relatively small, making the overall market quite dull. On the daily chart, the price of the coin is still consolidating below the EMA15, and the overall trading volume has not replenished much, indicating that there is no direct upward movement here. Additionally, the CCI stabilizing below the zero line tells us that it is necessary to complete a second bottom test here. Only after establishing an effective bottom can the market proceed to test the top, which is a basic logic. Therefore, a second bottom test should be completed within this week, and during the bottom test, we should eliminate the fear mentality and accomplish what we need to do.

In today's trend of Bitcoin, the short-term resistance is at 88800. If it goes up, we still look at the major level of resistance around 90500. The short-term support below can be referenced at 84700 and 83600. If a double test is completed this week, both 82300 and 81500 are positions where one can try to go long or buy spot.

The short-term pressure on the index is at 142 here, while the level below at 130 is a frequently changing support and resistance position. There is a chance that the market will come back here again, and it is also possible to rebound at 130. If it tests again, you can pay attention to the levels of 128 and 125 to participate in spot trading.

$BTC Ethereum has been fluctuating within the range of 2980-2880 in the past two days. During the day, you can pay attention to whether it will briefly spike to the resistance at 3038, or whether it will complete a spike and pull back at the support level of 2838. If it tests the support again, you can pay attention to the support levels at 2750 and 2680.

In summary, this week has the logic of a second exploration. After taking time to repeatedly establish the bottom, the market is likely to explore the peak again. On the weekly chart, it is very likely that we have completed the action of approaching the weekly MA120 that we mentioned before, so there is also a need for a counterattack here on the weekly chart. Therefore, completing the second exploration within this week is something to look forward to and participate in. (Follow the department head, who brings you the latest market analysis and precise entry points daily. Long and short positions are only for B friends' reference ideas, with strict stop-loss and take-profit.)