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- 🎄 Gate Square · Christmas Warmth Creation Event
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📅 Event Period: Nov 20 04:00 – Nov 27 16:00 UTC
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3. Participants must post for a - 🚀 Gate Square Event: #GateNewbieVillageEpisode7
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November 19 Evening Analysis by Yifan:
Cryptocurrency market correction: profits from long positions taken, evening pullbacks are still a good opportunity to enter.
Today's white盘 layout for BTC 90500 and ETH 3020 long positions has successfully realized profits - BTC surged to the 92000 line, and ETH simultaneously rose above 3110, with the upward space completely meeting expectations. The strategy for this week has been fully successful so far, which can be verified retrospectively.
The market correction in the afternoon is limited, showing an overall pattern of "slow squeezing". The bullish momentum is gradually accumulating. From the four-hour perspective, the long upper shadow candlestick formed in the afternoon further reinforces the upward trend; currently, it is essential to focus on the key levels of BTC 92000 and ETH 3110. If these levels hold, the upside space will be completely opened, likely making a move towards yesterday's highs (BTC 93800, ETH 3180).
Evening operation strategy is clear: a pullback is an entry signal, do not chase highs.
- BTC: A pullback to the 90800-91400 range can be an opportunity to enter in batches, with a target around 93000.
- ETH: Focus on the 3060-3080 support zone, position after stabilization, target upwards at the 3150 level.
Risk Warning: The above is only a personal market observation and does not constitute any investment advice. The cryptocurrency market is highly volatile, and trading should be based on real-time market conditions for independent decision-making, with profits and losses borne by the trader. #Cryptocurrency Market Correction