11.24

Bitcoin is currently near the position of 87393. Observing the 1-hour chart, there was a large bullish candle during the upward movement, followed by a bearish candle for a pullback. This is a typical high-throwback pattern, indicating that after a rapid increase, some bulls start to take profits, leading to a price pullback. However, since it is still in the upper middle band area of the Bollinger Bands and has not broken below the middle band, it shows that the short-term bullish strength still prevails, and the pullback may just be a temporary profit-taking.
The three KDJ lines are all at a high level, indicating a demand for a pullback, which suggests that there may be some overbought risk in the short-term market.
The MACD histogram is green, indicating that bullish strength is weakening while bearish strength is increasing.
In the short term, the trend remains bullish, but due to the price having surged and then retreated, and the KDJ indicator being at a high level, there is a risk of a pullback. If the price can find effective support near the Bollinger Band middle line at 86829, it may attempt to challenge the previous highs again; if the price falls below the Bollinger Band middle line, it may further pull back to the Bollinger Band lower line around 85633.
The large pancake suggests a retracement to around 86400--85200 for an entry, targeting near the 88200--89100 range.

Ethereum is advised to retrace to around the 2800--2760 level to buy, with a target looking towards the 2880--2915 level.

The above is only a personal suggestion for reference. Please refer to the layout of Haoyu Stone Plate for specifics #btc #b$ETH $BTC