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To Li: November 28 midnight BTC ETH operation and analysis


From the 4-hour chart perspective, Qie Ge is currently still operating steadily within an upward channel and has not been affected by the recent sharp decline. The three lines of the Bollinger Bands are diverging upward in sync, and the opening shape remains stable, indicating that the overall upward trend in the market is still clear and will continue. Meanwhile, the MACD indicator's dual lines are steadily operating in the strong zone above the zero axis, with the energy bars continuously diverging, which further confirms that the buying power in the market remains active. However, it is worth noting that both the KDJ and RSI indicators have entered the overbought area and are showing a divergence arrangement, shifting from a strong zone to a weak zone, which sends a clear technical correction signal. At the same time, the trading volume has failed to increase in sync with the price, showing a significant divergence phenomenon between volume and price, further confirming the inherent adjustment demand in the market.
The previous sharp decline should not be seen as a reversal of the overall trend, but rather as a technical correction aimed at addressing the short-term overbought condition, which is a necessary adjustment for the healthy development of future market movements. We should not give up on our dreams due to temporary setbacks; sometimes, a certain degree of stubbornness in persistence is the best reward for ourselves. Therefore, during the early morning hours, it is recommended to continue executing the strategy by following the pullbacks, and remember not to blindly chase highs!
BTC: 90000-90500 Look at 92000
ETH: 2990-3020 Watch 3100
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ETH-9.8%
BTC-7.35%
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