Analyst Chen Shu: Bitcoin and Ethereum Daily Charts Continue Rebound on November 27th; Focus on the Strength of Pullbacks. The long position strategy given in the November 25th article started as expected, and the long position yielded a profit of 4000/200 points. Congratulations to those who followed the strategy. Looking at the daily chart for Bitcoin, yesterday's large bullish candle successfully broke through the MA5/10-day moving averages, and the 5/10-day moving averages are currently in a golden cross upwards, indicating that the short-term bullish momentum may continue. The resistance level to watch is the previous high of the large bearish candle at 9.3/9.4. On the 4-hour chart, the short-term resistance level to watch is the MA120 moving average at 9.45. If the short-term bullish momentum continues, focus on this level. The support level to watch on a pullback is the 1-hour MA256 moving average at 8.88/8.99. From the daily chart, Ethereum has closed with five consecutive red candlesticks, holding above the 5-day and 10-day moving averages. The short-term resistance level to watch is around 3150, near the 256-day moving average. A slight pullback is expected after a false break above 3150, which also coincides with the 120-day moving average on the 4-hour chart at 3140. Support levels to watch are 3000-2950. Midday Trading Strategy (Written at 13:10):
Analyst Chen Shu: November 27th - Bitcoin and Ethereum continue their rebound on the daily chart; pay attention to the strength of the pullback.
2025-11-27 05:16:56
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