"Market Analysis on November 24: How the Daily Line Attacks, Let's See the Trend Line Selection"

The market finally ushered in a wave of volatility on Sunday. First, the Bollinger Bands at the 1-hour level opened up, leading to an upward channel. In the morning, the market approached around 88000. It is important to note that this is near the downtrend line at the 1-hour level. For Bitcoin to go up first, we need to see whether the trend line is broken. If it goes down, several key support levels will still determine whether the market can stop falling!

If the hourly trend line on Bitcoin can successfully break upwards, the pressure should first be observed in the range of 90000-90400, while the support for the bulls and bears is at 83400. If the market maker adopts a frustrating approach, support will dip to 82100, where it will test the waters before giving you a rebound. If the hourly trend line does not rise afterwards, just watch if there is a rebound at these positions. If it breaks through all of them again, it will definitely be unfavorable for the market.

The support is currently in the range of 125-123 for $BTC . If it comes back to this position and rebounds again, it can be judged that the market has stopped falling. If it goes up, the resistance is at the 139-140 position.

$SOL At this position of 2880, you can see that it is definitely a support-resistance exchange point. The pressure above is at 2980. The support zone below for a pullback is likely around 2715 and 2675.

In summary, although Bitcoin made an upward move on Sunday, given the pressure from the large trend line and the overall daily trading volume not being very significant, if we are to look for further upward movement, it is necessary to first break through the trend line, or for the key support mentioned above to provide another rebound for the market. (Follow the department head, bringing you the latest market analysis and precise entry points daily. Long and short positions are for B friends' reference only, with strict stop-loss and take-profit measures.)