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Analysis of BTC and ETH on the afternoon of November 20th.
The hourly BOLL bands for Bitcoin are continuously expanding, with short-term volatility soaring to high levels! After a surge, it has been consolidating below the upper band, with multiple attempts to test the upper band resistance failing to achieve an effective breakout. This pattern clearly signals a reduction in bullish momentum at high levels and a weakening of upward strength.
Operation suggestions:
BTC reverse trend in the 92800-93500 range, first target 90500, second target 89500.
ETH counter-trend 3050-3120 zone, first target 2950, second target 2900$BTC