On the evening of November 29, looking at BTC, the trend is quite interesting. On the daily chart, there are two consecutive bullish lines sandwiching a bearish line, and it is slowly approaching the middle band of the Bollinger Bands, but that position has obvious resistance. Coincidentally, it coincides with the U.S. stock market being closed, and the weekend market data is inherently quiet, with both bulls and bears not daring to take big actions, so the fluctuation has naturally narrowed.



Switching to the four-hour chart makes it clearer. The first two days rose, followed by two days of decline, with each K-line having shadows above and below—pressure from resistance above and support below, making it difficult to break through this range-bound fluctuation in the short term.

From an operational perspective, the range of 89000-90300 can be considered for entry, with the initial target around 92000. #数字货币市场回升 $ETH
BTC1.95%
ETH2.08%
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BlockImpostervip
· 12-01 03:39
The weekend market data is like this, nothing can move, let's wait for the US stock market to open.
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BoredStakervip
· 11-29 22:24
The trading range fluctuation is really annoying, and with the US stock market closing, we need to grasp the rhythm of this market even more.
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SchrodingerPrivateKeyvip
· 11-29 10:40
This trading range is indeed dull, and with the weekend here, no one is making any moves. --- Is the pressure on the middle band of the Bollinger Bands really that high? It feels like we need to build up some more strength. --- Entering at 89000 sounds good, but I'm just afraid it might suddenly get dumped. --- The market for U.S. stocks died as soon as it closed; let's see what happens when it opens again on Monday. --- The long wicks indicate that both bulls and bears are probing; what's there to panic about? --- 92000? Let's first see if 89000 can hold above before discussing it. --- Sideways in the trading range, isn't this just the perfect moment to lick blood from the edge of a knife?
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FloorPriceNightmarevip
· 11-29 10:40
The pressure from the middle band of the Bollinger Bands is indeed quite strong, and this wave of the trading range seems like it will continue to drag on.
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GasFeeCriervip
· 11-29 10:39
The trading range has been really annoying during this period; it feels like entering at 89000 means getting trapped.
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AirdropDreamBreakervip
· 11-29 10:33
The trading range has been fluctuating for so long, I really have no patience left. It feels like there's only hope once the US stock market opens.
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