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11.22 Afternoon View
Yesterday, the coin price continued to decline, with BTC dropping to around 80,600 at its lowest before a strong bullish counterattack! After several rounds of contention, the price peaked near 85,500 before encountering resistance and pulling back, completing a round of strong recovery during the tug-of-war between bulls and bears.
The current market pace has obviously slowed, with overall consolidation and volatility around the rebound high. Weekend market liquidity is relatively low, limiting volatility, and the probability of a one-sided trend is extremely small. In operations, focus on the range, buy on pullbacks and sell on rebounds.
Trading Suggestions
BTC: Sell at 85,000-86,000, target 82,000-84,000
ETH: Sell at 2,800-2,900, target 2,500-2,700
(Personal opinion for reference only; always refer to live trading!) #ETH #BTC