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Liangqiu: 11.29 Bitcoin/Ether continues to fluctuate within a narrow range, how to seize the opportunity in the oscillation



Bitcoin/Ethereum has continued to oscillate within a narrow range in recent days. Yesterday, after a layout that aimed to raise prices, the strategy shifted to short first and then long, especially as the price rose to the 92600 and 3080 levels, which allowed for a direct short position before the decline to 90200 and 3010 levels, providing a very decent overall space. Immediately following that, the long position laid out in the early morning did not reach the entry point before starting a weak rebound. In fact, in the past few days, it has been emphasized multiple times that in such oscillating market conditions, it is best to take advantage of the space, as both long and short positions can perform well. On the daily chart, after the big coin surged yesterday, it closed with a long upper shadow and a bearish candle. Today's rebound strength is also not strong, showing a continuation of the bearish trend, with signs of an early weakening trend.

Recently, the price has been fluctuating in a consolidation pattern on the K-line chart, forming small waves. After a surge last night, it failed to continue the strong upward trend. On the technical indicators in the 4-hour cycle, the MACD histogram is gradually shortening, indicating that bullish momentum is weakening; the daily level is still above the zero axis, but the fast and slow lines are tending to converge, which requires attention to the subsequent direction choice. The 4-hour MA moving average has formed a new round of pressure, and the market is expected to once again show a correction expectation.

It is recommended to short Bitcoin around 91000 to 91500, with a target near 89000; short Ether around 3030 to 3050, with a target near 2960, and continue to look down if it breaks.

[The above analysis and strategies are for reference only, please bear the risks yourself. The article review and publication do not guarantee timeliness, please refer to real-time for specifics.]
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BTC6.86%
ETH8.23%
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Baiyun11vip
· 11-29 04:38
Steadfast HODL💎
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sheShvip
· 11-29 04:37
GT is king 👑
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IAmLiangQiuA.vip
· 11-29 04:33
Old driver, take me along 📈
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IAmLiangQiuA.vip
· 11-29 04:33
2025 Go Go Go 👊
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