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Bitcoin and Ethereum market analysis and trading strategy on the evening of November 28.



The current price of Ether is around 3036, which has increased compared to previous levels. Although the price has broken through the resistance level of 3080, we need to note that the price increase is mainly a short-term fluctuation and may face the risk of a pullback.

From the perspective of the Bollinger Bands, the price is already approaching the upper band. The bandwidth of the Bollinger Bands is gradually narrowing, which means that market volatility is decreasing, and a price adjustment or reversal may occur. If the price of ETH continues to approach the upper band of the Bollinger Bands without breaking through, a price pullback may happen, especially when market sentiment changes. The MACD line is currently above the DEA line, but the gap between the two is narrowing.

Although bullish in the short term, if the MACD line quickly falls back and breaks below the DEA line, it may generate significant bearish signals. The MACD histogram has already shown some green bars and is starting to stabilize, indicating that the upward momentum is weakening and the risk of a pullback is increasing.

The current key support level is around 2855, while the current resistance level is around 3080. If the ETH price fails to maintain above this resistance level and declines, it may further drop towards the support level, or even break through the support range. Once the price breaks through the support level, it may accelerate downward, leading to a larger scale correction.

BTC: Short at 91500-92000, target: around 90000
ETH: 3035-3080 short, target: 2950-2900#成长值抽奖赢iPhone17和周边 $ETH
ETH10.54%
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GateUser-f3f3691cvip
· 11-28 13:57
How to join the fan group, bro?
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