24.11.28 Analysis of Bitcoin and Ethereum Late Market
[Market Review]
Bitcoin failed to rise and came back. The resistance at 975 is still very strong.
Ether is going strong. At present, an upward trend has been formed at the four-hour level.
It is expected to sprint to 3750 tonight (assuming Bitcoin is stable).
Today, many brothers want me to feed you with operations. There is a wave of opportunities in the afternoon, but it is fleeting.
I am busy and don’t have time to send it to you. I may not review it in the evening, so I will write it now.
[Bitcoin Market Analysis + Feeding]
Upper resistance: The resistance near 975-985 is relatively strong. Today, it barely touched the position of 972 and came down.
It is an expected trend. It can rise better after grinding and going sideways.
Lower support: The support near 925-908 is relatively strong, so if we ambush low and long, we will consider laying out at these positions.
However, the current 4H level is not friendly, so it is recommended to wait and see with empty positions, and wait until the evening to see the situation.
At least we have to get out of the 4H level rising pattern before we consider entering the market.
Feeding operation:
Radicals: 92600-92055 enter in batches, stop loss band 91722
Conservatives: 90882-90223-89663 enter in batches, one layer each, stop loss band 89322
[Ether Late Trading Sharing + Feeding]
Ether is moving independently, but Bitcoin is not strong, and it is directly smashed down.
Then wait for Bitcoin to resonate synchronously before choosing to enter the market!
Lower support level: 3550-3530-3465
Upper resistance level: 3650-3699
Feeding:
When the 4H level closes with a positive K and moves out of the rising pattern, we will consider entering the market.
It is best to wait for Bitcoin to resonate with the same frequency and move upward together before making an entry choice.