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17:01
Liang Qiu: Bitcoin/Ethereum pullback triggered another expected rally; a break above key levels would likely lead to further gains.
We repeatedly suggested buying on pullbacks around 86000 and 2800 for Bitcoin/Ethereum throughout the day. After several pullbacks, the price rallied, reaching highs of 87650 and 2874 respectively, allowing our buy orders to profit. The price is now near a key level, specifically the short-term resistance at 88000 and 2880, which coincides with the middle Bollinger Band on the 8-hour chart. A break above this morning high (and thus the middle Bollinger Band) would likely open up further upside potential, with targets at 89000 and 2940.
17:01
Bitcoin hit the profit target again due to too many orders!
Yesterday's analysis suggested the current downtrend should have temporarily ended, and recommended buying at lower levels. This strategy can be continued. Trading strategy: Buy Bitcoin at 85000-85500, with a target of 86500-88000; buy Ethereum at 2760-2790, with a target of 2850-2950. The market has now successfully moved as expected. Conservative traders have taken profits on their long Bitcoin and Ethereum positions, while aggressive traders can reduce their positions and continue holding. This strategy is time-sensitive; please refer to the information on the homepage for specific details and private real-time guidance.
17:01
Mu Feng's Trend Analysis: Bitcoin and Ethereum Trading Recommendations (11.25 AM)
Overall, the daily chart still shows significant selling pressure. Bitcoin/Ethereum has seen a slight short-term rebound, presenting an excellent opportunity to enter short positions. Our short-term strategy focuses on shorting at higher levels. Specific entry points are as follows: BTC: Short at around 87500, target 86000, break below to 85000, stop-loss above 89000. ETH: Short at around 2870, target 2800, break below to 2750, stop-loss above 2920. These are my personal trading suggestions from early morning. Market conditions change rapidly, and this article may be outdated. Please refer to real-time guidance for actual trading. If you have any questions, please feel free to contact me.
16:35
Ethereum pre-orders on November 25th
Ethereum's daily chart hasn't broken through the 7-day moving average (MA7) yet. Watch for a breakout of this level overnight; if it breaks, then watch the 3000 level as a key support. Short-term trend is upward with fluctuations; expect a rebound after a pullback overnight, using 2700 as a key level. I placed a buy order at 2725 on Ethereum overnight, with a stop-loss at 2690, using a small position, targeting 2860. This is just my personal opinion and for reference only.
15:19
Bitcoin Market Analysis (November 24)
The market may seem chaotic, but it always moves along the shortest path. Don't guess, just follow; time will tell. Hello everyone, I'm Trader Gege. Bitcoin has broken down completely, so according to the previous bull-bear market logic, the bear market has officially begun. Today's article has two main points: first, to predict the recent trend and the prices to watch; and second, to predict the bottom of the bear market. Long-term and spot traders can refer to this, provided your account is still alive, as this round of decline has already wiped out many long positions. Especially the slow decline from the high of 107,000 on November 11th to the final plunge to 80,600—this slow decline is more terrifying than a violent plunge, not only tormenting your account but also your mindset. Some say this bull market is different because the participation of ETFs and large institutions will break historical cycles. Some people say that even if this round enters a bear market, it will be different because of the existence of ETFs. Institutions and long-term believers will support the market and prevent a deep drop. However, the simplest purpose of institutions entering the market is the same as yours and mine: to make a profit. So perhaps the buying pressure will turn into selling pressure, and the biggest bull will also be the biggest bear. So don't be too superstitious about these things. Just guard your own little corner of the market.
15:19
Bear Hunt: Winter is Coming - Short-Term Bitcoin Trend Analysis and Bear Bottom Prediction
Getting back to the main point, let's first predict the recent trend. The monthly chart shows a large bearish candlestick, and with six days left until the close, it's unlikely to turn bullish. The key point to watch is after next month's close; a further downward test would present a good opportunity for phased entry into a long-term position. I'll update the specific price later. For now, use this as a reference, plant a seed in your mind, and wait for the right time to act. On the weekly chart, four consecutive bearish weeks have broken below the 60-week moving average and the upward trend line. The MACD's double-line death cross hasn't turned upwards yet, suggesting the previous low is likely not the bottom. Even if there's a short-term rebound, there are two key levels above: 90,000-91,000 and 98,000-99,000. I predict it's unlikely the second key level will be broken in the next eight weeks. The following analysis uses two reference points: the previous low and the April low (if either not broken or only slightly broken). Initially, use $80,000 plus or minus $1,000 as a reference for entry. If it breaks, enter around $74,000; if it holds, enter around $77,000-$76,000; if it breaks further, enter around $73,800-$72,800. This is a short-term analysis based on the current market structure. Specific trading decisions can be made flexibly based on subsequent market changes. Regarding the bear market bottom, it's too early to predict. We'll simply use Fibonacci extension lines to provide two price references, which are generally accurate based on historical cycles: 63,145 and 52,362. You can save screenshots of these prices for future market verification. Once the true bottom of the bear market is reached, I will provide my views in updated articles. That's all for today.
14:01
Bitcoin and Ethereum await a price surge.
While our long positions might not be as profitable as yours, we strictly followed the published strategy (the previous two strategies involved entering long positions on pullbacks). We awaited the evening and early morning rally.
13:32
Liang Qiu: Bitcoin/Ethereum is expected to consolidate before rebounding and rising in the evening.
Bitcoin/Ethereum continues its upward trend with fluctuations. After a significant pullback, it has stabilized and rebounded in the short term, supported by both technical and fundamental factors in the medium to long term. Previous long positions entered in batches from the lows of 82000 and 2680 have successfully taken profits, indicating further upside potential after pullbacks. Since the rebound from the bottoms of 80600 and 2620, as long as pullbacks do not break these lows, there is room for further upward movement. Long positions entered this afternoon around 86000 and 2800-2820 can be held patiently, awaiting further upward momentum. The hourly and four-hour charts have also stabilized after pullbacks, maintaining a bullish bias. The outlook for tonight is for continued upward fluctuations. Those who haven't entered long positions should consider doing so at the current prices of 86100 and 2810, with short-term targets around 88000 and 2880.
13:15
Bitcoin and Ethereum Evening Trend Analysis and Trading Strategy (November 24th)
Currently, looking at the weekly chart, both Bitcoin and Ethereum have seen consecutive bearish candles, with closing positions largely consistent with the predictions made in the November 17th post: Bitcoin around 84,000 and Ethereum around 2,800 near their weekly support levels. Based on previous price action, this level still provides some support. Therefore, this week's market should primarily focus on consolidation. Whether the market continues its downtrend or reverses remains to be seen. On the daily chart, Bitcoin started to close positive around 86,800. Although there was a break below the 86,500 resistance level, the breakout was not significant. The next resistance level is 87,500, and the support level is 84,500. A break above this level could lead to 90,000-92,000, while a break below could lead to 82,000-80,000. Ethereum closed near 2,800 and is currently still in a consolidation phase. The upper resistance level is 2,820-2,850, with a break below that level targeting 2,950. The lower support level is 2,760, with a break below that level targeting 2,660. On the 4-hour chart, Bitcoin continues its steady upward trend, with resistance at 87,500, a break above which could lead to 89,000-92,500. Support lies at 85,000-84,000. Ethereum is moving in tandem, albeit at a slower pace, with resistance at 2850-2880, a break above which could lead to 2980-3030. Support is at 2760-2680. Yesterday's analysis suggested the downtrend had temporarily ended, recommending buying at lower levels. Unfortunately, Bitcoin didn't reach the expected pullback level, while Ethereum gained considerable ground. Further trading based on this strategy is recommended. Trading Strategy: Bitcoin: Buy at 85,000-85,500, target 86,500-88,000, stop loss below 83,000; Ethereum: Buy at 2760-2790, target 2850-2950, stop loss below 2700. These strategies are time-sensitive; please refer to the homepage for specific details and private real-time guidance.
12:42
Take profit on short positions in Bitcoin and Ethereum!
Last night's Bitcoin and Ethereum trading strategies: Bitcoin: Short at 87000-87500, target 85500-84000, stop-loss at 88500! Ethereum: Short at 2830-2860, target 2770-2680, stop-loss at 2950! The market has already broken out of its range twice. Conservative short positions can take profit; aggressive positions can continue to hold. Enter again if the market retraces to those levels! Strategies are time-sensitive; please refer to private real-time guidance for specific updates! See my profile for more details!
11:19
Ethereum trend analysis and trading strategy sharing for the evening of November 24th:
Yesterday, we entered short positions on Ethereum around 2860-2870, with target prices of 2820-2780-2750. The first target of 2820 has been reached. Conservative traders can exit with a profit, while aggressive traders can continue to hold. Although Ethereum is currently under pressure on the daily chart and the overall market is still mainly in a downward trend, the sentiment for a rebound this week is still strong after the consolidation of the previous two days. Considering that the price failed to break through 2880 in the early morning, we can still short on rallies in the short term. Note that the rebound sentiment is strong this week, so those who are bearish should only operate in the short term. Looking at the 4-hour Ethereum chart, the price has been trending downwards recently. After a sharp drop on November 21, the rebound strength in recent days has been weak. The daily candlestick shows multiple upper shadows, indicating heavy selling pressure above, making it difficult to break through in the short term. In the 4-hour MACD cycle, both DIF and DEA are running below the zero axis, but there are signs of convergence, indicating weakening bearish momentum; the daily level is still in the bearish zone, and no clear golden cross signal has yet formed. The 4-hour RSI value is 44.26, in the neutral to weak range, indicating cautious market sentiment. The daily RSI is gradually recovering from the oversold zone, but has not yet entered the strong range. The current EMA price is below the 7-day, 30-day, and 120-day EMAs, and the overall trend remains bearish. The 7-day EMA (2815.49) is providing short-term resistance. Ethereum trading strategy for the evening of November 24th: It is recommended to enter short positions around 2840-2820, with a target price of 2780-2740. If the trend rebounds, it is suggested to add to the short position around 2880, with a target price of 2830-2800! Market conditions change rapidly; this article is for informational purposes only, and real-time strategy guidance is available free of charge!
09:58
Xiaoyao KOL: Bitcoin and Ethereum Evening Market Analysis 11.24
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.
09:06
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.
08:25
Yueying: Bitcoin and Ethereum Market Analysis (November 24th) - Bear Market Phase, Short Selling Continues, with Short-Term Suggestions
Bitcoin Technical Analysis — On the daily chart, Bitcoin is poised for a rebound, with the price closing positive. Intraday, it opened and tested the 7-day moving average before encountering resistance and entering a consolidation phase. The Bollinger Bands are widening, and short-term moving averages are trending downwards. The MACD fast and slow lines show signs of turning upwards, with decreasing volume. The KDJ indicator is crossing upwards, while the VR indicator is consolidating around 40. On the 4-hour chart, the price broke through the middle Bollinger Band but encountered resistance near the upper band. The Bollinger Bands are flat, and short-term moving averages are turning upwards. The MACD fast and slow lines crossed upwards with increasing volume before turning downwards. The KDJ indicator encountered resistance near 100 and turned downwards, forming a crossover. The VR indicator is consolidating around 80. Overall, this continuous downward trend has seen a brief halt. The key is whether the bulls can continue their upward momentum to test the next resistance level. Although a new low has been reached and the decline has stopped, the overall structure remains weak. Short-term resistance is around 88100; if this resistance is broken and stabilized, the next support level to watch is around 91000. Support is around 85000, followed by 83000. See short-term recommendations. Bitcoin short-term recommendations: Short at 87800 (short at 90200), long at 85285 (long at 83600) (Take profits as needed). Ethereum's daily and 4-hour technical charts are consistent with Bitcoin and can be used for reference. The daily chart is also under pressure from the 7-day moving average, so short-term focus should be on whether this resistance is broken. Resistance is around 2900, followed by 3000. Support is around 2750, followed by 2650. See short-term recommendations. Auntie's short-term trading advice: Buy at 2786 (or 2688), sell at 2875 (or 2980) (Click the image to see the homepage introduction for more currency analysis) — I am Zhou Yueying.
07:31
Bitcoin/Ethereum Afternoon Price Analysis and Trading Recommendations (11/24)
Bitcoin/Ethereum Afternoon Price Analysis and Trading Suggestions (11/24) II. Afternoon Trading Suggestions ✔ Bitcoin (BTC) Suggested Trading Range: 86000 – 86500 Long Position Target: 88500 Risk Control Reference: If it falls below 85500, consider stop loss or reducing position. ✔ Ethereum (ETH) Suggested Trading Range: 2800 – 2820 Long Position Target: 2890 Risk Control Reference: If it falls below 2760, consider stop loss or remain on the sidelines. Logic remains unchanged: Trend strengthening → Buying on pullbacks is still the main strategy. Pullbacks during consolidation are opportunities; blindly shorting is not advisable after the trend strengthens. 📌 【The above analysis and strategies are for reference only; risk is borne by the user. Due to the time lag in article publication, please refer to real-time market conditions for trading.】 #BTC#ETH Join the group chat to discuss and learn professional knowledge in the cryptocurrency market, and avoid being exploited (you can receive position allocation strategies, teaching you how to make money in a bull market and earn coins in a bear market).
07:31
Let's cheer each other on for the new week! Today's strategy has already been posted.
Stick to weekly withdrawals, and despite a significant pullback last night, we successfully closed out today's strategy. The details have already been shared. Let's all keep up the good work this week!
06:43
Liang Qiu: 11.24 Bitcoin/Ethereum long positions successfully validated; continue to buy on pullbacks.
Bitcoin/Ethereum has seen multiple pullbacks in the past few days, with rallies from 2680 to 2800, 2710 to 2850, and then another long position from 2770 to 2800 last night, successfully reaching the target of 2884. The overall movement of Bitcoin has been quite good. Currently, after the rally, the price has entered a narrow range, but the lows are constantly rising and the highs and lows are constantly shifting, indicating a clear shift from weak to strong trend, as mentioned in the past two days. Furthermore, the weekly chart has gradually stabilized after the close, suggesting a potential weekly rebound. In terms of candlestick patterns, the recent 4-hour chart shows a series of small bullish candles, indicating strengthening short-term bullish momentum. Looking at the daily chart, after the previous sharp drop, the recent days have seen a volatile rebound, indicating a change in trend. Technically, the 4-hour MACD histogram has turned from negative to positive, with the DIF moving upwards towards the DEA, indicating further upward momentum in the short term. The 4-hour moving averages have converged and started to turn upwards, suggesting a gradual upward shift in support levels. Trading suggestions: Buy Bitcoin around 86,000-86,500, with a target around 88,500; Buy Ethereum around 2,800-2,820, with a target around 2,890. [The above analysis and strategies are for reference only. Please bear your own risks. Article review and publication are not timely; please refer to real-time information.]
05:55
Ethereum price update on November 24th
This article was written at 13:48. Looking at the Ethereum weekly chart, Ethereum's pullback wasn't as significant as Bitcoin's. Strong support lies around 2150, where previous declines found support. However, with Bitcoin starting to rebound, Ethereum's chances of independent declines are slim. Ethereum has currently closed above its first support level of around 2750, showing a slightly stronger bullish trend. Further rebounds could potentially break the high of 4958. Long-term traders can consider positioning themselves, targeting around 4060, and then 4450. Short-term traders can wait for a pullback before entering positions, with a recommended entry point around 2750, a stop-loss at 2650, and a target range of 3260-3430. Enter at your own discretion. Click the profile picture above to open my page and discuss market trends. Short-term trading requires risk management; profits and losses are your own responsibility.
05:55
Bitcoin price update on November 24th
This article was written at 13:48 From a weekly chart perspective, while Bitcoin's recent decline was rapid, it didn't result in a major breakdown. The overall trend is considered a normal pullback, although the speed of the pullback is somewhat surprising. Currently, the weekly decline has touched the support level of the rebound from 74505 to 126178, which is around 85500. The weekly candlestick closed higher after the decline, indicating that the short-term support at 85500 is effective. The chance of the market continuing to fall below 74500 is not high; there will likely be a rebound opportunity first. This is still considered a relative bottom. Long-term traders can consider establishing long positions, or wait for a pullback to around 85 before entering long positions. The rebound target is expected to be around 108500. Short-term traders should not go long directly at the moment, but wait for a pullback before entering long positions. The recommended entry point is around 85000, with a possible addition at 84000. The stop loss is at 8200, and the target is around 91000. Those who want to capitalize on the short-term pullback can do so, depending on their entry opportunities. Click on the profile picture above to open my profile page and discuss market trends together; short-term trading, manage risk, and be responsible for your own profits and losses;
05:55
November 24 Market Review
This article was written at 12:04. I apologize for the lack of timely updates last month due to some projects! Regarding the market, Bitcoin has been declining recently, breaking through the previous low of 101668 and continuing its downward trend. Currently, the low is around 80600, a drop of nearly 36000 points from the previous high. Ethereum's low is at 2886, a drop of approximately 770 points from the previous high. I wonder how everyone is faring in this decline. Now, let's guide you to recover your losses or even make a profit. Click on the avatar above to open my profile and discuss market trends together. Short-term trading, control risk, and manage your own profits and losses.
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