#BTC 11.20 Midday Bitcoin Ethereum market analysis and trading suggestions

Recently, the market has been highly volatile, with significant fluctuations in both mainstream coins and altcoins. Bitcoin has currently fallen below the 90,000 mark, reaching a low around 88,500; Ethereum has also dropped below the 3,000 threshold as expected. As we have consistently emphasized recently, the overall market trend remains dominated by bears, and we do not recommend blindly engaging in long positions at this time—strategies with high risks should be actively avoided. Gongzhong Haoguan: Shengdong Trend Theory.

The intraday market on Thursday is expected to have limited fluctuations, but the non-farm data in the evening is worth paying close attention to. If this data fails to bring positive stimulus, the next target for Bitcoin may directly look down to 85000. From the current market structure analysis, the rebound momentum is clearly insufficient. Although the price is testing the decline point since yesterday, this rebound is a normal technical correction—each rebound appears weak, and bulls are unlikely to form an effective counterattack in the short term.

Therefore, for the subsequent market trend, we continue to recommend adopting a mainly short strategy. If you lack confidence in independent operations, you are welcome to participate in our live guidance to jointly seize this round of trend market.

You can short the pancake around 93000 during lunch, aiming for 91000.
You can short Ethereum around 3070 during lunchtime, aiming for a target of 2960#逆势上涨币种推荐 #美联储会议纪要将公布 #比特币行情观察 .