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To Li: November 29 morning BTC ETH operations and analysis


Entering the early morning period, the market experienced significant volatility. BTC plummeted over 1700 points, touching a low of 90155, then slowly moved upward, peaking at 91209 but unable to maintain that level, retracing to around 90800 for consolidation. ETH closely followed BTC's lead, rapidly dropping nearly 50 points before starting to pull back from 3009, reaching as high as 3059 and also touching around 3018 but failing to hold, currently consolidating near 3030.
From the 4-hour timeframe, Qie Ge is still steadily operating within an upward channel, maintaining an overall bullish structure that provides a solid foundation for subsequent upward momentum. The Bollinger Bands are broadly diverging and slightly narrowing, indicating that while the trend remains upward, short-term volatility may converge. It is worth noting that although the MACD is in the strong zone above the zero line, a dead cross signal has formed, indicating that buying pressure is weakening and selling is starting to enter. At the same time, both the fast lines of the KDJ and RSI indicators are in a bearish arrangement and declining, further confirming short-term adjustment pressure.
The medium to long-term trend in the market remains bullish, with the possibility of a technical pullback in the short term. Considering the weekend's flight conditions, which are not significantly fluctuating, the operation in the morning should focus on selling at high points, with targets that are not easy to see high. Once the target is reached, take profits and exit!
BTC: 91000-91500 涳 Look 90000
ETH: 3030-3050 涳 Look at 3000
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ETH6.22%
BTC2.28%
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