November 29th Bitcoin (BTC)/Ethereum (ETH) Latest Market Analysis and Reference (with Trading Strategies)

November 29th Bitcoin (BTC)/Ethereum (ETH) Latest Market Analysis and Reference (with Trading Strategies) 【BTC Bitcoin Market Analysis and Short-Term Trading Strategies】 After testing higher levels yesterday, BTC faced resistance and fell back, maintaining a short-term range-bound structure. There is significant selling pressure above, but strong buying support below, suggesting continued wide-range fluctuations. ● Short Selling Recommendation (High-Level Short): 92500-93500 Add-on to Short Position: 95500 Stop Loss: 500 points Target: 91500 Reasoning: This range represents strong resistance; each touch results in a pullback, making it suitable for short-term high-level shorting to profit from a pullback. ● Long Selling Recommendation (Low-Level Long): 88500-87500 Add-on to Long Position: 84000 Stop Loss: 500 points Target: 89500 Reasoning: This is a strong support zone for bulls; approaching it usually results in a rapid rebound. 【ETH (Ethereum) Short-Term Strategy Reference Today】 ETH fluctuates in tandem with Bitcoin, showing a synchronized rhythm and strength/weakness relationship, with clear signs of high-level consolidation. ● Short Selling (High-Level Short): 3060-3105 Stop Loss: 30 points Target: 3000 Reasoning: This area has dense resistance; multiple attempts to break through have failed, so a small position can be taken on a pullback. ● Long Selling (Low-Level Long): 2881-2831 Stop Loss: 30 points Target: 2920 Reasoning: This area is a temporary support level, a point where bulls can regroup, with a high probability of a rebound. Join our group chat to discuss and learn professional knowledge about the cryptocurrency market, and avoid being a victim of market manipulation (you can receive position allocation strategies, teaching you how to make money in a bull market and profit in a bear market).