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Notice
Today, November is about to end.
Tomorrow is the end of the weekly and monthly charts.
The price of Bitcoin is expected to settle around 90,000.
Looking at the MACD turning point from the monthly chart of Bitcoin, it has just started to dip down. Therefore, the probability of a direct rebound in December is not very high. Further adjustment and oscillation are still needed.
The Ethereum monthly line is the same. Bitcoin and Ethereum are both near the monthly ma20 line and are currently being supported.
However, due to the monthly MACD, the MA20 may not necessarily hold up next month.
On the 28th, the People's Bank of China held a coordination mechanism meeting to combat speculation in virtual currency trading. Essentially, this can be considered an official announcement that the bull market has ended.
Summary. Currently, the village chief does not believe the adjustment is over; further adjustments are needed in December. Focus on finding high points to short.
Shenzhen Chen Village Committee Party Branch