$BTC 11.29 Afternoon Bitcoin and Ethereum Market Analysis

The market fluctuates, and so do our emotions. The regret of missing out and the anxiety of being stuck are common; there's no need to panic or be greedy. Fluctuation is the norm, and price changes come and go. Stay calm, and follow Teacher Yang Ming's strategy to steadily profit. Looking back at last night's market, both Bitcoin and Ethereum showed a trend of rising and then falling. After the price hit a low of 91007 last night, it seemed like a spring that had built up power instantly rebounded. The bulls pushed up aggressively, reaching a high of 93080 before encountering resistance and falling back. The trend of Ethereum mirrored that of Bitcoin, starting from a low of 3015 and rising to a high of 3099. As it approached the important round number of 3100, the bullish momentum seemed to weaken, and the price then retraced. Teacher Yang Ming's strategy provided last night was also accurately grasped, successfully guiding students to steadily profit. Bitcoin was entered at 91351 and exited at 92438, successfully capturing a space of 1087 points; Ether was entered at 3027 and exited at 3084, successfully capturing a space of 57 points.

From the daily level, the daily chart shows a trend of gradually lower highs. The candlestick pattern indicates a bullish engulfing formation, and the short-term moving averages are in a bullish arrangement providing support, with the oscillation more leaning towards a technical correction after an oversell rather than a trend reversal signal; from the four-hour level, it shows a range-bound oscillation pattern with no clear direction, and it is unlikely to have a breakthrough in the short term, likely continuing a narrow consolidation trend; from the one-hour level, the current price is maintaining a range-bound oscillation between 90500 and 93000, with the upper Bollinger band continuously exerting downward pressure and the lower band forming short-term support. The key short-term resistance focuses around 92100, while the core support is near 90100. The market is oscillating around the upper and lower boundaries of the range without any breakout momentum. Overall, it is in a narrow consolidation phase after a high-level correction, with no clear trend continuation pattern. The main idea is to continue with low longs.
Operational suggestion: Bitcoin is hovering around 90200, with a target looking towards around 91500.
Ethereum is hovering around 2990, targeting around 3080.
#今日你看涨还是看跌？