Last night, we positioned ourselves at a high level for Bitcoin. Over the weekend, the overall trading range was limited. Bitcoin's daily chart shows a gradual pullback after significant volatility. The 4-hour chart shows two consecutive bearish candles, indicating short-term weakness. Both the DIF and DEA are below the zero line, and the MACD histogram is shrinking but still negative, suggesting bullish momentum. The RSI is near oversold territory but hasn't entered a strong trend zone, indicating limited rebound potential. The current price is below the EMA7, EMA30, and EMA120, and the EMA7 has crossed below the EMA30, further indicating a short-term bearish trend. Tonight, we recommend entering positions on rebounds at higher levels. For Bitcoin, we suggest entering around 86800-87300, with a target around 84500. For Ethereum, we suggest entering around 2830-2860, with a target around 2750. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.
Xiaoyao KOL: Bitcoin and Ethereum Evening Market Analysis 11.24
2025-11-24 09:58:50
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