Midday Bitcoin and Ethereum Operation Suggestions and Direction Sharing for November 22

Good Saturday morning, everyone! I wanted to take a good rest, but couldn’t fall asleep, so I’m back to analyzing the frontline market. From the current situation, looking at the 4-hour chart, BTC has shown four consecutive bullish candles, continuing to rebound and repeatedly testing the 85,500 area. Although it briefly touched this level, it did not establish a foothold, so there’s no substantial breakthrough yet. There is still strong resistance above in the short term, with no obvious changes in the Bollinger Bands, and all three bands are still trending downward. There is no sign of a clear one-way trend for tomorrow in the short term. On the 1-hour chart, after BTC surged to around 85,500 in the early morning, it stalled and entered a narrow range of consolidation, with alternating small bullish and bearish candles, further indicating that range-bound volatility is significant. Therefore, for midday operations, the strategy from the early morning remains: focus on shorting at the top of the range, and go long after a pullback to the lower end of the range.

BTC can be shorted near 85,500, watch 82,500
ETH can be shorted near 2,800, watch 2,660
#BTC #ETH