November 28th Old Speculator Talks About Coins

Market Review and Analysis

The BTC trend is currently pretty much as expected, with high-level consolidation, but the fluctuations back and forth are quite large, so caution is required, especially for those trading contracts, as risk management is essential. Today's secondary market has reached a high of nearly 3700 points but has not touched it yet; however, it is approaching. For the current market segment, it is important to choose wisely, and select the right coins. Do not chase after coins that have already risen significantly, and do not fall into FOMO. Looking at the trend, there may be a phase of pullback, so everyone should manage their risks carefully.

Today's Highlights

The current support range for BTC is between 88000-92000. This phase requires attention to the support levels. There has already been a phase of rebound during the day. There are signs of a pullback on the four-hour level. If the daily level cannot push up to 98000, the main support to defend on the four-hour level is around 93000. The support points on both the daily and daily levels should focus on the 88000-92000 range.

The ETH market is currently in a phase of upward movement. I discussed this in yesterday's live stream, so I won't repeat it; you can watch the replay. Early in the morning, I also posted about the 3700-3800 range, but the upward rebound after that has not fully touched the 3700 points. The highest is nearly 3700 points. There are already signals of a pullback on the four-hour level. On the daily level, the first support position is around 3500 points, and the second support position is in the 3360-3400 range, which counts as effective support on the daily level.