On November 21, the market overall fell nearly 10,000 points, followed by market analysis and operational suggestions.
Last night, the market experienced violent fluctuations, with Bitcoin plunging nearly 7,700 points before rebounding from the 86,000 mark to the 88,200 area (a rebound of 2,200 points); Ethereum fell nearly 260 points before recovering from 2,790 to the 2,900 range (a rebound of about 110 points). In the early morning session, the market weakened again, with Bitcoin dropping from 87,400 to 85,300 (a sharp drop of 2,100 points), and Ethereum retreating from 2,885 to 2,770 (a drop of 115 points). In the midday session, panic sentiment was released, triggering a waterfall decline, with Bitcoin plummeting from 85,500 to 81,200 (a total daily drop of over 4,300 points), and Ethereum falling from 2,810 to 2,640 (a drop of 170 points).
2. In-depth analysis of Bitcoin's technical aspects (from the perspective of wave theory)
1. Key levels and Fibonacci reference
- The core focus is on the 0.318 Fibonacci level at 83,611 points, which is a key reference for trend judgment.
- Short-term key support: the 77,000 area (near the ultimate target level); immediate support: the 83,000 line; short-term rebound resistance: below 88,000.
2. Wave structure and stop-loss conditions
- Currently presenting a double zigzag adjustment wave pattern, with strong downward momentum; only after breaking the 94,479 pressure level will there be a clear stop-loss signal.
- The large-scale target level is approaching, with short-term lows and target levels deviating or showing pin-like fluctuations, and space for correction is limited; a stop in the U.S. stock market will trigger a phase of market oscillation and consolidation.
3. Four-hour cycle indicator resonance
- The Bollinger Bands are expanding downward, with prices breaking below the lower track, and short-term moving averages in a bearish arrangement; after a MACD death cross, it accelerated downward, with green energy bars increasing, and bearish momentum continuing to be released.
- KDJ shows a weak turning point that has not formed an effective stop-loss, while the VR indicator is consolidating at a low position around 40, with sluggish trading; indicator resonance shows extremely weak market conditions, and it is expected to experience an accelerated decline to complete the final drop, realizing the clearing of bulls.
Short-term operational suggestions:
Bitcoin: Buy near 82,000-81,500, target: around 85,000-86,000 (stop loss at 1:0.5)
Ethereum: Buy near 2,660-2,630, target: around 2,750-2,780 (stop loss at 1:0.5)
#比特币波动性 #美股2026预测 #特朗普取消农产品关税 #山寨币市场回暖 #主流币轮动上涨 $BTC $ETH
