Bitcoin/Ethereum has been trading in a narrow range since its recent rally. This narrow range is actually quite conducive to swing trading, allowing for significant upside potential regardless of whether you're bullish or bearish. Our previous short positions around 3040 repeatedly tested the 2980-2990 level. However, the price action has seen frequent highs and lows during this consolidation, with multiple rallies followed by pullbacks. The recent price action shows an upward trend with consecutive daily gains and gradually rising highs. However, the long upper shadows on the 4-hour chart indicate significant resistance above. Technically, the MACD histogram on the 4-hour chart remains positive, with the DIF line crossing above the DEA line and continuing to expand, suggesting further upside potential in the short term, but with potential for further declines. Evening trading recommendations: Short Bitcoin around 91500-92000, with a target around 89500; Short Ethereum around 3040-3050, with a target around 2960, and further downside if it breaks through. The above analysis and strategies are for reference only; please bear the risks yourself. Article review and publication may not be timely; please refer to real-time updates.
Liang Qiu: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (November 28)
2025-11-28 11:31:10
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