#香港虚拟资产稳定币监管框架 11.26 Morning Market Review:

Bitcoin surged to around $88,400 last night but immediately faced resistance and fell back. The daily chart is still oscillating below the middle track, with no signs of a trend reversal appearing at all. Looking at the 4-hour chart, the trading volume during this rebound is clearly insufficient, and the KDJ indicator has started to flatten out in the high range— a typical signal of weakening upward momentum. Zooming in to the 15-minute chart, after confirming the death cross pattern, the price directly weakened, and this technical correction could end at any time.

Every round of pullback now essentially provides the bears with better entry points. Don't be misled by short-term fluctuations.

$BTC Operation reference: Consider laying out short positions in the 88500-89000 range, with support levels to watch at 87300 and 86000.

$ETH Operation Reference: The 3010-3050 range is also suitable for a short strategy, with a target looking towards 2900 or even around 2800.

Market sentiment remains cautious, and following the trend is more important.