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11.23 Afternoon View
From the 4-hour perspective, the Bollinger Bands are showing a downward opening pattern, with a pronounced bearish trend; although there is a bullish divergence signal on the 1-hour chart, both lines are still running below the zero axis, and the short-term rebound lacks sufficient momentum, making it difficult to reverse the current weak pattern.
Market liquidity is relatively low over the weekend, limiting volatility and making the probability of a trending market very small. Operate within the range—buy on pullbacks and sell on rebounds.
Trading Suggestions
BTC: 86500-87500 range, target 83000-85500
ETH: 3000-3100 range, target 2500-2750
(Personal opinion for reference only, please base all decisions on actual market conditions!)
#BTC #ETH