#数字货币市场回升 Night market observation on November 28: After a narrow range consolidation, the upward breakout window is opening.
The trading idea for tonight is very clear——
You can consider gradually building positions in the range of 90500 to 91200 for $BTC , with the first target around 92800-93300. If it successfully breaks through this resistance zone, the 93500 level is worth continuing to follow. The operational logic for $ETH is similar, with a low layout in the range of 3010-3030. The initial target is 3100-3120, and after stabilizing, more room can be expected.
What is the current market situation?
Today, Bitcoin has been fluctuating between 90600 and 91800 throughout the day, with neither the bulls nor the bears gaining an advantage. However, the technical indicators are revealing some positive signals: the daily candlestick is steadily rising, and the price is gradually approaching the daily mid-line resistance level, forming an upward-converging wedge pattern overall. Short-term moving averages are also beginning to spread upwards, and the trend outline is becoming increasingly clear.
What should we look at next?
After a day of sideways consolidation, this wedge structure often indicates that the choice of direction is approaching. The possibility of breaking upwards is currently somewhat greater, with 93500 being a key integer level. Whether it can break through here will determine how much space can be opened up later. It is important to closely observe the volume situation – if the trading volume supports it, the continuity of the market will be stronger.
The altcoin generally follows the trend of the main coin. After oscillating within a range, momentum is gradually accumulating. Once it breaks through the target range, the probability of a linked upward movement is quite high. In terms of operation, it is advised to rely on support levels and follow the trend direction, rather than going against the trend.
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ShibaSunglasses
· 12-01 05:22
Whether 93500 breaks or not is truly a watershed moment here, I feel that we are going to see higher trade volumes tonight.
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0xOverleveraged
· 11-30 12:45
If we can't break through this barrier of 93500, it will be awkward again, and we'll have to deal with a Sideways market.
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LiquidityNinja
· 11-30 01:12
Be sure to grasp this checkpoint at 93500, otherwise you'll have to start over again.
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AltcoinMarathoner
· 11-29 03:11
ngl this wedge formation hitting different... been through enough cycles to know when we're just grinding through mile 20. the volume confirmation piece is everything tho - without it, we're just range trading till next week tbh. watching that 93.5k level closely, feels like the macro setup finally wants to cooperate.
Reply0
JustHereForMemes
· 11-28 11:19
If 93500 can't be broken, I'll just laugh. I've heard this wedge analysis ten times already, haha.
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WhaleMistaker
· 11-28 11:17
93500 can't be broken, it still depends on higher trade volumes, the key is whether the volume can keep up.
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ShadowStaker
· 11-28 11:04
nah the wedge setup looks clean but honestly been burned by these "imminent breakout" calls too many times... volume's still kinda sus tho
Reply0
LongTermDreamer
· 11-28 10:59
It's another narrow consolidation and another upward attack window. To be honest, I've been hearing this set of terms for three years now, and every time they say it's going to break out, but it still just lingers in that sideways grind. That said, the 93500 level is indeed worth following. What if this time it really breaks out with higher trade volumes? Let's just consider it a glimmer of hope for ourselves, haha.
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RugPullAlarm
· 11-28 10:52
90500 Build a Position? Dude, take a look at the on-chain Address flow before you speak, haven't you seen the Large Investors offloading?
#数字货币市场回升 Night market observation on November 28: After a narrow range consolidation, the upward breakout window is opening.
The trading idea for tonight is very clear——
You can consider gradually building positions in the range of 90500 to 91200 for $BTC , with the first target around 92800-93300. If it successfully breaks through this resistance zone, the 93500 level is worth continuing to follow. The operational logic for $ETH is similar, with a low layout in the range of 3010-3030. The initial target is 3100-3120, and after stabilizing, more room can be expected.
What is the current market situation?
Today, Bitcoin has been fluctuating between 90600 and 91800 throughout the day, with neither the bulls nor the bears gaining an advantage. However, the technical indicators are revealing some positive signals: the daily candlestick is steadily rising, and the price is gradually approaching the daily mid-line resistance level, forming an upward-converging wedge pattern overall. Short-term moving averages are also beginning to spread upwards, and the trend outline is becoming increasingly clear.
What should we look at next?
After a day of sideways consolidation, this wedge structure often indicates that the choice of direction is approaching. The possibility of breaking upwards is currently somewhat greater, with 93500 being a key integer level. Whether it can break through here will determine how much space can be opened up later. It is important to closely observe the volume situation – if the trading volume supports it, the continuity of the market will be stronger.
The altcoin generally follows the trend of the main coin. After oscillating within a range, momentum is gradually accumulating. Once it breaks through the target range, the probability of a linked upward movement is quite high. In terms of operation, it is advised to rely on support levels and follow the trend direction, rather than going against the trend.