#数字货币市场回升 $ETH

Market observation on November 29

Today is Saturday. To be honest, the market is quite dull. From the daily chart, the position $ETH is actually quite suitable for looking for opportunities to go short. The 4-hour cycle has already shown significant weakness. Although the fluctuations seem considerable, it feels like a back-and-forth without any direction.

I am inclined to be bearish at a high position. The 4-hour chart clearly shows that the bullish strength is significantly lacking, and in this structure, any rebound presents an opportunity for short positions. However, if you prefer short-term trading, you can try to enter a long position during pullbacks on the 5-minute chart, aiming for quick in and out.

It's the weekend, you know, liquidity is already poor, and big funds are resting. So today, there probably won't be any big market movements, most likely just a slow grind. No matter which time frame you look at, Ethereum right now lacks that clear upward momentum. It's better to be cautious.