Operation suggestions for BTC/ETH on the afternoon of November 29.
The current market is in a state of consolidation, with Bitcoin fluctuating between the middle and lower bands of the Bollinger Bands. Both bulls and bears are temporarily at a standstill, with similar strength. It is highly likely that we will continue to see range-bound fluctuations in the short term, which aligns with the normal market conditions for Saturday.
The focus is still on whether the key support and resistance levels can be broken: from the 1-hour level, Bitcoin is mainly fluctuating between 90500 and 93000, with short-term resistance above at 92100 and support below around 90100; Ethereum and Bitcoin have a strong correlation in their movements, and the market trends are basically synchronized.
Currently, the market does not have a clear upward or downward trend, and many people are on the sidelines. In terms of operations, we will continue with the afternoon's strategy: as long as it does not break the support level, we will focus on going long around the support level.
- BTC: You can go long around 90000-90500, targeting 92100, with a stop loss set at 90000; - ETH: You can go long around 3000-3030, targeting 3100, with a stop loss set at 2990#十二月降息预测 #反弹币种推荐
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Operation suggestions for BTC/ETH on the afternoon of November 29.
The current market is in a state of consolidation, with Bitcoin fluctuating between the middle and lower bands of the Bollinger Bands. Both bulls and bears are temporarily at a standstill, with similar strength. It is highly likely that we will continue to see range-bound fluctuations in the short term, which aligns with the normal market conditions for Saturday.
The focus is still on whether the key support and resistance levels can be broken: from the 1-hour level, Bitcoin is mainly fluctuating between 90500 and 93000, with short-term resistance above at 92100 and support below around 90100; Ethereum and Bitcoin have a strong correlation in their movements, and the market trends are basically synchronized.
Currently, the market does not have a clear upward or downward trend, and many people are on the sidelines. In terms of operations, we will continue with the afternoon's strategy: as long as it does not break the support level, we will focus on going long around the support level.
- BTC: You can go long around 90000-90500, targeting 92100, with a stop loss set at 90000;
- ETH: You can go long around 3000-3030, targeting 3100, with a stop loss set at 2990#十二月降息预测 #反弹币种推荐