11.27 Market Analysis

The weekly level of Bitcoin has confirmed a shift from bullish to bearish, and the 50-week moving average has effectively broken down, establishing a bearish pattern for the long term. This core judgment remains unchanged at present. Even if the price continues to rise, it does not signify the end of the downtrend, but rather a rebound adjustment following a weekly downtrend, which is a correction within a bearish trend.

In the short term, the daily level shows a clear rebound signal, with the MACD forming a golden cross below the zero line and opening upwards. The moving average divergence rate has reached a nearly four-year low, indicating strong demand for a short-term rebound. This rebound is considerable and has pushed the price back into the range starting with the number 9.

On the trading level, flexibility is required. The core idea remains anchored to the weekly cycle's bearish trend, but one must respect the short-term rebound rhythm of the daily chart. It is crucial to avoid falling into extreme bullish or bearish thinking and to respond rationally to the interplay between rebounds and trends.

Today’s market analysis:
Pay attention to the level of 90450 for Bitcoin today. As long as it doesn't drop below this level on the hourly chart, we will still look for a rebound and continue to rise. The upper resistance levels to watch are near 92054-92791-93855!
If the hourly level breaks below 90450, it indicates that the hourly level is starting to pull back. Pay attention to the support levels around 89440-88097-86734!

Pay attention to the level of 3030 today for Ethereum. As long as the hourly level does not break this position, we can also look for a rebound. The upper pressure levels to note are near 3070-3095-3143!
If it falls below 3030, then the hourly level rebound ends, and a pullback begins. Pay attention to the support around the levels of 2980-2939-2887!

Pay attention to the 143 position for SOL. It can only start to rebound on the 1-hour level if it stabilizes above this position. The resistance above is around the positions of 144-147-150!
If it cannot stand above the 143 position, it indicates that the rebound lacks strength. Pay attention to support around these positions: 141-138-134! #成长值抽奖赢iPhone17和周边