11.22 Saturday Morning BTC/ETH Silk Sharing
I am Meng An. The overall market trend is weak, conforming to the common correction characteristics seen on weekends. After an oversold situation, there has been a rebound at the four-hour level, with two consecutive days of positive closing. However, the market panic caused by the previous breakdown has not completely dissipated, and the upward momentum in the short term is limited. Both long and short positions are in a tug-of-war, with significant resistance near the resistance levels. At the hourly level, the market fluctuates around the middle track of the Bollinger Bands, with alternating bullish and bearish candles, and the overall bearish trend has not changed. In the morning session, we continue to operate with the high short strategy from early morning.
Operation Silk:
Big Coin 85300-85800 range for short, target around 83800
Aunt 2780-2800 range for short, target around 2640
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