11.25 Morning Strategy Layout

The market is volatile; manage your stop-losses and find the right direction to ascend.

The current market is in a state of low volatility range oscillation, with prices close to the key support level of 86000.34. However, trading volume has severely shrunk, and short-term momentum has clearly weakened. Technically, although this support level has strong technical significance (resonating above EMA120), the appearance of volume-price divergence and bearish engulfing patterns increases the likelihood of support failure. Additionally, the Bollinger Bands indicate low market volatility, with prices oscillating near the mid-line, and market sentiment is relatively balanced in the short term, requiring further confirmation for direction selection.

In terms of the external environment, market sentiment is neutral, with no significant macro pressures or benefits observed. Although some institutions have increased holdings and financing activities, boosting market confidence, concerns arising from cybersecurity incidents and project disputes have limited the market's upward momentum. Overall, the external environment has a limited impact on the market, and the main driving factors currently remain focused on technical aspects.

Considering both technical analysis and the external environment, the market may continue to oscillate in the short term, with a focus on the effectiveness of the 86000.34 support level and changes in trading volume to determine the subsequent direction.

Bitcoin: 88100, short near 88400, targeting 86500

Ethereum: 2950, short near 2980, targeting 2800#以太坊ETF批准预期