11.28 Bitcoin is only under short-term pressure; if it doesn't break support, we continue to look bullish!
BTC's current 1-hour candlestick pattern has continuously shown bearish signals such as shooting stars and top formations, and the RSI is in the overbought area, indicating a clear demand for a short-term pullback.
Bitcoin's current technical downward channel pattern is in an upward wave, with the gap around 96500; the trend pressure near 97500~95000 has been reduced to around 92000. This pressure has been filled today, currently facing resistance and testing support without breaking through. The smaller support level is still around 89000~89500, waiting for a pullback to this support to go long with a target towards the upward gap around 94000. The larger level remains unchanged towards 104000.
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Operational Suggestions:
BTC long at 89000-89500, target at 92000 - 94000, stop-loss at 88500
ETH long at 2910-2950, target at 3050 - 3150, stop-loss at 2870
