📈[November 23 Night Market Strategy | Oversold Rebound Begins, Key Position Operations]

Friends who are watching the market tonight should have felt that the market finally took a breather. Bitcoin has rebounded over 2000 points from its lows, and Ethereum has also risen by more than 100 points. Although the magnitude is not large, it is a good thing to stabilize at this position.

🔍 Today's Market Core Features

1. Rebound on decreased volume: The trading volume over the weekend did not significantly increase, indicating that this rebound is mainly due to short covering and a small number of bullish attempts, with large funds still in wait-and-see mode.
2. Key position contest:
Bitcoin is testing the daily MA5 moving average, with $86,000 being a key psychological level.
ETH encountered resistance at $2,800, which is the upper end of the key retracement zone ($2,600-$2,800).
3. Market Sentiment: Although the total liquidations across the network in the last 24 hours reached $295 million, the liquidation amounts for longs and shorts are not significantly different (longs at 168 million, shorts at 127 million), indicating a very balanced struggle between buyers and sellers, with the market searching for a new direction.

🎯 Night Contract Operation Strategy

Overall strategy: Take small positions to go long, strictly set stop losses, and avoid chasing highs.

BTC
Bullish range: 84,800-85,000
Stop loss below 84,300; target: 86,000-86,500
Bearish range: 86,800-87,200
ETH
Bullish range: 2,760-2,780
Stop loss below 2,700 Target: 2,850-2,900
Bearish range: 2,880-2,950

Close:
If BTC strongly breaks through 86,500, you can take a small position to go long, targeting 87,150 (4-hour level resistance).
If ETH holds steady at 2,800 and gains volume, the next target is 2,900.
All orders must move the break-even stop-loss after reaching the first target level to lock in profits.

🔮 Tomorrow's Outlook

Optimistic scenario: If BTC 86,000/ETH 2,800 can hold steady, the rebound is expected to continue towards BTC 88,000/ETH 2,950.
Cautious situation: If it falls below BTC 84,300/ETH 2,700, it may test the support at BTC 82,800/ETH 2,660 again.
Focus Variables: Liquidity is usually weak on Sunday nights, making it prone to spike events. Pay close attention to the impact of the US stock market opening on Monday on the crypto market.

In the early stages of an oversold rebound, confidence is more important than gold, but discipline is even more important than confidence. Remember: it's better to miss out than to make a mistake!

Did you catch this rebound? #加密市场观察 #今日你看涨还是看跌？ #比特币行情观察

Data source: Coinglass, AIcoin. The above is a personal trading note and does not constitute investment advice.