Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Sharing on the evening of November 28



After the price of Bitcoin surged, it has fallen into a continuous narrow sideways market. This kind of oscillating consolidation appears to be stuck, but in reality, it is a golden window for short-term trading! Both long and short positions have ample profit space, but one must be wary of the rhythm of the market switching back and forth. The repeated pattern of surging and then falling, with alternating highs and lows, tests traders' ability to grasp timing.

The daily level has continuously closed positive, with highs gradually rising, and the prototype of an upward oscillating trend has already emerged; however, the four-hour cycle frequently shows long upper shadows, highlighting heavy selling pressure above, with a clear short-term pressure situation. On the indicator level, the 4-hour MACD histogram continues to maintain positive values, and the expansion trend after the DIF line crosses above the DEA line has not changed, indicating that short-term rebound momentum is still present, but oscillation and repetition are the main themes, and the operational core needs to focus on the pressure decline.

The big pie can be consolidated near 91800-92400, with the target looking at around 90000-89000;
The concubine can range around 3050-3100, with the target looking at around 3000-2960.

(Personal opinions are for reference only, everything is subject to the actual market!) $BTC $GT $ETH #十二月降息预测 #反弹币种推荐 #加密市场回暖 #比特币行情观察
BTC-5.33%
GT-7.67%
ETH-7.68%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
BKBOY1vip
· 11-29 11:08
HODL Tight 💪
Reply0
BKBOY1vip
· 11-29 11:08
Great information! Let's link up for more information and analysis of cryptocurrency
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)