Analyst Chen Shu: Bitcoin and Ethereum saw reduced trading volume and narrow-range fluctuations on November 28th; watch for an upward breakout.

Analyst Chen Shu: November 28th - Bitcoin and Ethereum saw reduced trading volume and narrow-range fluctuations; watch for an upward breakout. Looking at the daily chart for Bitcoin, yesterday's strategy of buying at 9.05 was perfectly timed, resulting in a small rebound and profit-taking. The daily chart is currently continuing its upward rebound, with the resistance level still focused on the previous low of 9.3-9.4. A break and hold above this level would signal the end of the short-term pullback. On the 4-hour chart, the short-term resistance level is the 120-day moving average at 9.4, while the support level is the low of the pullback at 9.05. A short-term rebound is expected. Looking at the daily chart for Ethereum, yesterday's rebound was slightly weaker, and the price still hasn't tested the 256-day moving average resistance level at 3150. The key short-term resistance level is to watch for a breakout at this level, while the support level is the psychological level of 3000. The price is expected to test the 3150 level in the future; a short-term rebound to test 3150 is also expected. Midday Trading Strategy (Written at 13:30): BTC: Buy at 9.08, add to long position on pullback to 8.95, target 9.25/9.35; Sell at 9.35/9.45 for a 2-3000 point pullback. ETH: Buy at 3000, add to long position on pullback to 2950, target 3100/3150; Sell at 3130/3200 for a 6-100 point pullback. Daily analysis strategies have a very high win rate! Analysis is not easy, so please give a free follow, save, like, and comment. Thank you! Welcome to leave comments below for discussion; I will reply to each one.