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"Market Analysis on November 28: Completing Head Formation by Month-End, Weekend is the Time to Short"
Yesterday's fluctuations were small, with Bitcoin oscillating between 9.1 and 9.2 for the entire day. The remaining days of the month are likely to pass in this manner as well, with today seeing another day of ups and downs, Saturday being flat, and Sunday reaching the turning point. As mentioned yesterday, this second probe is necessary, so from a timing perspective, the weekend is a good time to short.
$BTC on the big pie, today's short-term pressure is at 91600. If it can hold here effectively, consider going short around 92300. Below, 89000 is still a support level, and if it goes down further, it will break the trend line at 87600.
$SOL The index rebounded near 138 as mentioned yesterday, with short-term resistance at 141 and 142.4 today. There is significant resistance still at 147 above. There is a better rebound opportunity below at 131-130, where 136.5 might also be a rebound level.
$ETH Ethereum rebounded here at 2980. If it doesn't break below this level, there will still be upward pressure around 3120-3150. The support levels below are at 2925 and 2865. Overall, the market is primarily in a sideways consolidation, and participating in it won't yield big profits and can be quite exhausting. The focus should be on shorting over the weekend.
In summary, according to the script we have written, the second exploration trend will begin next week at the beginning of December. If we reach some key resistance levels over the weekend, or if we break below the support level, it would be possible to short. The depth of this second exploration will not be too deep; after a rebound at 83,000-84,000, the market will need to maintain a bottoming range for at least a month, until a new trend appears when we enter a narrow daily range next year. #加密市场反弹(关注科长,每日为你带来最新的行情分析和精准插针点位,多空仅供B友参考思路,严格止损止盈。#