#ETH巨鲸增持 Market Observation on November 29

Bitcoin has been steadily rising in recent days, and the target level of 93,000 has basically been reached. The price is currently testing the support strength around 90,000. From a long-term perspective, the main logic for the upward trend is still in place. This pullback is actually quite normal and can be considered a technical consolidation. Next, keep an eye on the four-hour chart to see if the support below can hold; if it holds, there is still potential for further movement.

The trading strategy is still leaning towards bullish positioning, but don’t rush to chase. Build your position in batches at key levels, and make sure to set stop-loss orders; never hold on stubbornly.

Specific reference point:
Bitcoin can consider accumulating in batches between 89200 and 89600, aiming for 91500-93000.
Ethereum is focusing on the long opportunities in the range of 2920-2960, aiming for targets of 3120 or even 3300.

$BTC $ETH $ZEC

ETH-6.57%

BTC-6.13%

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MEVSandwichVictim

· 1h ago

The 89200-89600 range is indeed tempting, but I'm still waiting for an opportunity to fall below this range... I'm not in a hurry anyway.

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DuskSurfer

· 11-29 12:48

If we can't hold 90000, we'll have to tell the story again... ETH is really a bit slow this time, we'll have to wait and see how the Whales act I've already set up an ambush around 89200, just waiting to see if it can rise If it touches 93000, we need to be careful, it could easily get dumped I'm also watching around 2960, but I don't have much cash on hand... This pullback is really hard to bear, when will we be able to break new highs?

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MeaninglessGwei

· 11-29 12:46

This pullback is indeed very normal, but what I fear the most is a sudden get dumped... We have to wait and see about the 89200 level, there's no rush.

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CommunityWorker

· 11-29 12:45

90000 this key support must be maintained, otherwise this wave of rise will be in vain. eth this wave is really easy to make quick money, it depends on luck. Sticking to the stop loss trap is really just asking for trouble, I will never do that again. I feel like I'm going to follow that old method of building a position in batches again, anyway, there are no other ways. Will 93000 really break? I actually feel a bit uncertain.

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RadioShackKnight