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Xiaoyao LOL: Bitcoin and Ethereum Midday Market Analysis 11.29

2025-11-29 04:56:27
Shareshare
The market movement once again deviated from expectations. Yesterday afternoon, we adopted a high-level entry strategy, buying Bitcoin and Ethereum near 92,000 and 3,070 respectively. However, the price subsequently rallied again in the early morning, falling to lows of 90,115 and 3,010. Bitcoin successfully reached its target price, and Ethereum also saw a potential upside of 60 ETH. Congratulations to those who followed this strategy! Bitcoin's price has recently experienced multiple rallies and pullbacks, and is currently in a consolidation phase. The daily chart shows long upper and lower shadows, indicating intense competition in the market. In the 4-hour timeframe, the candlestick chart shows a high-level consolidation trend. The MACD histogram is gradually shrinking, and the fast and slow lines are starting to turn downwards at a high level, indicating weakening momentum and a need for adjustment. Given the relatively low volatility on Saturday, the current high-level entry point is recommended. For Bitcoin, consider entering around 91500-92000, with a target around 90000. For Ethereum, consider entering around 3050-3080, with a target around 2980. However, market conditions are constantly changing, and this article is time-sensitive. Those entering positions should refer to real-time guidance.
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