Silk Road on the afternoon of 11.28

Looking back at the Bitcoin market, it briefly touched the 91800 line in the early morning, indicating that there is still pressure above. It then began to decline in a stepped manner down to the vicinity of 90612 in the morning, with a drop of nearly 1200 points in this range. As for Ethereum, it is highly correlated with Bitcoin, declining from the 3043 line in the early morning to the 2992 line in the morning, with a drop of nearly 50 points in this range, resulting in a short-term rebound from a weak correction.
From the perspective of the daily structure, the increase continues, with the daily line closing as a standard large bullish candle. The four-hour continuous bullish trend is going down, and the strong momentum can no longer be stopped. Once the position is broken, it means an increase in volume, so the madness of momentum is also expected and is an inevitable rise influenced by the trend structure. We also mentioned earlier that regarding the current market pullback, if there is no rebound, then it will be a short-term bearish view continuing to look for a retracement. The daily gradual rise recovers, showing a consolidation and accumulation pattern, so the future trend remains quite clear, still mainly bullish, with the short-term following the bullish trend being the current main theme. In the short term, the price may be accompanied by some corrections and pullbacks, but corrections do not mean reversals. After the correction, it will still return to the bullish trend, and the correction serves to better facilitate the rise, accumulating energy for the bullish momentum to launch a new assault.
Operation Suggestions
Bitcoin: Fluctuating around 91100-90000, target near 92500
Two pancakes: around 3000-2980, target around 3100.