BTC/ETH trend analysis at 9:17 am on November 29, 2024
The trend of BTC and ETH was relatively stable last night, and it did not fall below the intraday low. The overall trend was volatile. SOL failed to reach the support level of $231 last night by only $1. Although the deeper decline expected by most people did not appear, it was just a normal retracement. It is expected that the market will still be dominated by volatile trends during the day today, and it may experience two retracements before rising again, so you can pay attention to the corresponding opportunities.
For BTC, the current support focuses on 94900 and 93600, and the pressure has not appeared for the time being. The focus is on the position of 94900, especially the low point of yesterday. Today, it may become a potential volatile bottom, and it is worth paying attention to the performance of the price at this point.
For ETH, focus on the integer level of 3500, as well as the support levels of 3525, 3475, and 3445. The key today is whether 3500 can be maintained. If it falls below, it may bring deeper adjustments.
Operation suggestion: Before 4:00 pm today, you can pay attention to the retracement opportunities of BTC and ETH, and appropriately grasp the operation opportunities of short-term shock rebound.
