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BTC analysis on the evening of November 21
BTC showed a small rebound candlestick in the 1H timeframe, but the trading volume did not significantly increase during the rebound, indicating that the short-term buying pressure is limited.
The 1080 level, which was previously a support level during the short-term fluctuations, is now turning into potential resistance during the rebound. Looking at the 4H chart, the overall trend is still in a corrective phase without any signaling of a stable increase in volume. Therefore, even if there is a rebound in the 1H chart, it is unlikely to see a significant breakthrough for now. If the 1080 level cannot be broken, the rebound is likely to face pressure and fall back.
Evening operation direction
BTC retraced to the 1068-1062 range.
Target 1080, looking up at 1095#ETH反弹在即？