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Silk Road in the early morning of November 28


Today's market situation is about to conclude. Bitcoin dropped to a low of 86596 in the morning and then surged rapidly, reaching an intraday high of 91931. However, it failed to stabilize and retreated to the 90410 level, currently hovering around 90800. Ethereum followed Bitcoin's trend, starting its ascent from 2905 and continuing to rise, reaching a high of 3070, before coming under pressure and falling back to 2983. It is currently consolidating around 3000. Throughout the day, thanks to the perfect alignment of market conditions and strategies, Bitcoin's trading strategy achieved over 2650 points, while Ethereum's trading strategy gained over 80 points.
The current market is experiencing a certain pullback. After testing the support above 90,000, Bitcoin has continued the previous rebound trend, showing a slow upward movement. Due to the Thanksgiving holiday, the US stock market is closed today, lacking stimulus from the US stock market, which may further extend the consolidation period. From the current market perspective, although the price has entered a repair phase after a significant surge, there has not been a deep pullback, indicating that there is limited room for downward adjustment. Therefore, we maintain our bullish outlook and suggest continuing to buy on dips in the early morning operations.
Operation Suggestions
Bitcoin: fluctuating around 90600-90400, target near 92000
Two pancakes: around 3000-2980, target near 3100
BTC6.39%
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