Mu Feng's Trend Analysis: Bitcoin/Ethereum Market Analysis and Trading Suggestions for November 24th

From a technical perspective, Bitcoin/Ethereum's weekly chart shows continued significant downward pressure from the KDJ and MACD indicators this week. The Bollinger Bands have also shown a slight widening compared to last week's lower band (although this is currently only a small widening, suggesting a potential technical correction this week or next). On the daily chart, the KDJ is showing a slight upward movement from a low level, while the MACD and Bollinger Bands continue their downward trend. The three-day moving averages on the main chart continue to decline at varying degrees. Overall, the intraday trend is expected to be sideways and downward, as the strong daily resistance limits the potential for a weekly rebound. Therefore, intraday short-term trading should focus on shorting at higher levels. Specific entry points are as follows: BTC: Short at 87000-87500, target 84500; ETH: Short near 2840-2870, target 2740. These are personal intraday trading suggestions. Market conditions change rapidly, and this article may be outdated. Actual trading should be based on real-time guidance. Please feel free to contact us if you have any questions.